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george soros has billions, what he can do actually, most can't. my point is, as a US citizen with limited funds, it's challenging at best to try and do legally.

for sure if the us-person is located offshore there would be no tax liability, just as trading with an offshore company US controlled or not. the important aspect here is WHERE the business is taking place, not by whom. having said that, there is a specific exception for trading...

yea, and by almost, i guess you mean about 100 years later... and then only for about 6 years before people came to their senses and smashed it again, even voting it unconstitutional. did you even read the article you posted?

If you want to be successful at trading, you really can't give a fuck about what other people think. Having said that, don't talk to her smart side, talk to her female side, it's the only side that will listen. Instead of risk, talk to her of being a modern day gladiator fighting in a...

If it's with an onshore fund, he'll receive a k1 most likely and will be taxed as a resident, because he 'will be doing business with a us company'. The distinction is that trading your own account from your home country is work that your doing for yourself offshore, whereas having other people...

examples?

I agree the US worldwide policy is ridiculous. Criminal actually, gives one the feeling of a prisoner rather than a free person. Re: your friends: if they live in countries with tax information sharing with the US, then most likely they'll receive notice sometime after returning that they owe...

yes, that's legal, but it's not as easy as you make it sound. you can't do it with a spouse or family (related persons rule). so the only option is to use non-us citizen/non-resident friends/associates. you would have to have no stake in the company at all. doable, but here's some problems...

This seems to be a common belief on this thread... that a pre-nup is a lack of faith in the other person or an act of distrust. Here's the problem with that: in the US, marriage isn't only just a symbolic union between two people, it's also a state regulated legal contract with monetary...

all cap-gains from stock trading for non-resident aliens is tax-free. http://www.irs.gov/publications/p519/ar02.html

ummm... you guys are talking about tax evasion. not judging it, but let's call a spade a spade. every strategy listed is 100% illegal, including daxscalper's. awesome you haven't been caught yet man, but if you do, the odds are high you will be majorly fucked. to the OP: if you're an...

but if they need 100 of them to buy a loaf of bread, the public would accept seashells if someone said they had value... stars and stripes be damned. a dollar collapse and hyperinflation is the only scenario i could see this type of thing happening. really not outside the realm of possibility...

Ok, so apparently the deferral of fees method has now been taken off the table. Apparently snuck in, in the recent bailout bill: http://www.ropesgray.com/congress_blocks_offshore_hedge_fund_deferrals/

Ok, thanks for the info. Do you remember about how much expensive was at? I've heard around 50k or so plus recurring legal (maybe 25k), but never personally been quoted.

Examples? I gave one on the other page... but you need to manage a fund with no controlling US interests and no personal investments. You're not able to NOT pay taxes, but you can defer them by deferring your fees, compounding them. Which is great... if you're a fund mgr. I know of no other...

Thanks, that's interesting. I'm not sure this would work for a trader setup, but it does sound like it could be useful in some circumstances. The big problem with more arcane setups for trading related businesses is it has to make sense from a business point of view as well. If it looks like a...

Are you talking about USVI exempt companies or maybe FSC's? As far as I understand, normal USVI corps get taxed that 10%, but in addition to graduated federal bringing the max total to around 38%.

The way I understand double taxation treaties in the US, is that US citizens are allowed to use foreign income tax as a tax credit like a standard deduction to the amount of the tax, but not as a one cancels all. Please correct me if I'm wrong. Also, I didn't see the US listed on the Seychelles...

Will check into TT... thanks.

Thanks PocketChange... really appreciate the response. I guess I should've specified this if for equities. :( I'm guessing though it might be a similar process. Certification, etc...