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The problem is approached differently from a statistics perspective which essentially is looking to see if past prices have any predictive effect for future prices. Even stocks are generally weak form efficient, but forex more clearly so. Of course you or I will find trends and ride them. We'll...

There isn't any support to show that the existence of tradable trends is true. In fact all research that uses rigorous statistical analysis points to forex clearly being weak form efficient, far more so than stocks.

Just to be clear, you always have to pay the individual tax in the end when your company either distributes profit to you and it's considered a dividend or gives it to you as a salary or intangible benefit (car, house, vacation home in Bali) which is also considered the same as salary. With the...

My first company was funded. Luckily I was able to make enough from that to own all of my current company, so careful what you wish for when it comes to VC money. The first key which may not be obvious is that you have to have an addressable market big enough that your firm, if everything went...

There are a few of us who have done the entrepreneur thing here, but if there are any VC types they're lurkers. I'd guess you could count on two hands the number of ET posters who even meet the Qualified Investor requirement, let alone be interested in doing an angel round. If you're interested...

My favorite crash of the .com era was a company that figured that since most people don't mail in rebates they'd sell a bunch of stuff at inflated prices with 100% rebates and make money off everyone who didn't bother to send in the rebate form. Of course they suffered the same adverse selection...

Best way to become a millionaire is to have a billion dollars and start an airline (or a movie pass company I guess).

Two different threads of thought you have going here. The first is the idea that your foreign entity is safe from IRS audit. If it never does anything in the U.S. perhaps so, although tax treaties with France don't even make that a sure thing. But, to depend on that defense you would have had to...

Nice call on this one, pretty impressive!

Moving to theory on how not to get caught...the problem is FATCA, hence why it was passed in the first place. You have to report on your FBAR if the total of funds you have in all non-U.S. accounts exceeds $10K, even if only for a second. And foreign banks are reqired to do all manner of...

Except the PFIC rules. Essentially if you're a foreign non-operating corp owned or controlled, directly or indirectly, by a U.S. person, you have to distribute most of your gains from financial transactions each year which is a taxable event. There are a bunch of legitimate tax shelters that you...

The whole ambiguity of the need for visa's is pretty frustrating given it's something that should be pretty easy to specify. I ended up getting work visa's for all my employees going to Canada even if only for day trips because we started randomly getting pulled aside for the full set of...

@luisHK, You know a lot about tax law and trading ex-U.S. and have shared quite a bit on that subject which I've followed with interest. You would be one of the people I'd ask about it if I had a question. You've not tossed out tax avoidance schemes that are flat out illegal to those...

As someone who learned the hard way by outsourcing my developers as a new entrepreneur and now working with an internal team...it does tend to hurt professional developers when their job is commoditized. If you're competing for new business you're competing against a bunch of guys who post...

I know, that whole ad-hominem "Its my experience that most people who get all 'holier than though' on how others find ways to reduce their taxes do not earn enough to take advantage of the opportunities that are out there or are just envious, or both." was totally unnecessary (and as it turns...

I guess we can add inability to use the quoting feature of ET to your accomplishments! Listen, clearly you aren't a tax attorney, have never spoken to one about this subject, and you don't have anything but a facile understanding of how the U.S. tax code actually works at it's most basic level...

Actually I just finished up the transfer pricing study to file for the foreign subsidiary of my U.S. corporation and filed it's taxes which were due on the 5th (and did my FATCA filing, you did remember that this year didn't your?), so I not only have some passing familiarity with U.S. tax law...

If you trade then you earned the income from the trading and owe tax on it, not your wife. Why even bother to do the whole marriage to a foreign spouse nonsense, why not just claim your Russian friend Boris did the trading so you're not responsible for the taxes, certainly the IRS has no...

Suretrader is a Bahamas firm that isn't even allowed to take U.S. customers. They aren't a "brokerage firm", they're a bucket shop. So first, there should be no surprise and no outrage that they're behaving like a bucket shop. Second, it actually makes sense that a bucket shop that was...

And that way will land you in prison for tax evasion! Not even remotely legal, without even starting to get into the emotional maturity level that would make one think it's a good idea to use residency for trading purposes a criteria when finding a spouse!