Just open a foreign corporation, transfer the money into its name, open a brokerage account, get checkwriting and debit card thru the broker. I think that'd get you what your asking. Foreign corps do not pay tax to the US.
Quote from nyc-hotshot:
Just open a foreign corporation, transfer the money into its name, open a brokerage account, get checkwriting and debit card thru the broker. I think that'd get you what your asking. Foreign corps do not pay tax to the US.
Quote from ShoeshineBoy:
But can that help you with US taxes?
Quote from Pekelo:
Step by step guide for US traders how not to pay taxes:
1. Marry a Swiss, Croatian or Hungarian woman. These countries have zero taxes on capital gains.
2. The wife should open a trading account.
3. She deposites your money and you start to trade.
4. Hopefully you are making money. Pay taxes separately, so you pay tax on your income (which maybe zero ) in the US and she pays taxes (zero) on your trading wins in the above mentioned countries.
5. Send me a check for this advice....![]()
Quote from $$$lover:
marrying is the EASY part....problem is finding the girl, willing to do that for you AND hopefully not wanting US papers in return OR ELSE, you are stuck in the same situation tax wise and second it will take a long time for her papers to go through as opposed to your part that normally gets approved and processed in a few months.....AND LAST BUT NOT LEAST, hopefully you won't get caught!!!!.........this is what I am looking to do except I don't want to do it for tax purposes.