how to save a tax from capital gains legally?

Quote from trend2009:

if you have a model that can compound the capital, saving the tax is good for you and for the nation, because at the end you have to pay the tax, but in a larger sum, with the capital better utilized than in the hands of the government.
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That seems at odds with your post: any other ways to avoid the tax legally such as starting up a offshore hedge fund and move to overseas?
 
eventually you have to bring the money back to the states.

Quote from TraderZones:

That seems at odds with your post: any other ways to avoid the tax legally such as starting up a offshore hedge fund and move to overseas?
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Quote from trend2009:

eventually you have to bring the money back to the states.
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a) moving overseas does not really change your US tax obligations. And offshored money must be reported, over about $10K.

b) that was not the opinion of a lot of people who got caught up in the UBS and other tax evasion schemes. They did not intend to repatriate the money, but to offshore and avoid taxes.
 
Great post stevenpaul! Nice to see an eloquent and detailed response, and I agree with everything you shared. Hope to see you participate in more threads.
 
Quote from TraderZones:

a) moving overseas does not really change your US tax obligations. And offshored money must be reported, over about $10K.

b) that was not the opinion of a lot of people who got caught up in the UBS and other tax evasion schemes. They did not intend to repatriate the money, but to offshore and avoid taxes.
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This is why the OP was very explicit that he wanted to do it *LEGALLY*. He plans to pay his taxes, he just wishes he could defer these taxes until the date when he liquidated his investments, and actually repatriated those funds for use.
 
Quote from heech:

This is why the OP was very explicit that he wanted to do it *LEGALLY*. He plans to pay his taxes, he just wishes he could defer these taxes until the date when he liquidated his investments, and actually repatriated those funds for use.
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this is probably the same logic that the wealthy clients of UBS were saying while being informed to stash diamonds in toothpaste and other clever things.
 
any foreign account with 10k or more has to be reported. any foreign company that you hold a interest in has to be reported. best advice give back the green card and dont apply for the passport. failure to report is a felony.
 
Why not look at your local billionaire hedge funds and public companies, everybodys out in the open, theres really nothing to hide anyway

George Soros netherlands
Paul Tudor Jones BVI
Garmin Cayman
HerbalLife Cayman Islands
http://www.crmz.com/Directory/CountryKY.htm
Assured Guarranty Bermuda
Global Crossing Bermuda
XL capital
SeaDrill
Signet Jewels
http://www.crmz.com/Directory/CountryBM.htm


Either there are a lot of blatantly illegal companies public on NYSE and NASDAQ, or the general public misinformed on whats legal and whats not.
Your thoughts?
 
I have no idea how those companies registered overseas can save tax, since those companies are doing business in states, and they have to pay tax locally.
Quote from coolweb:

Why not look at your local billionaire hedge funds and public companies, everybodys out in the open, theres really nothing to hide anyway

George Soros netherlands
Paul Tudor Jones BVI
Garmin Cayman
HerbalLife Cayman Islands
http://www.crmz.com/Directory/CountryKY.htm
Assured Guarranty Bermuda
Global Crossing Bermuda
XL capital
SeaDrill
Signet Jewels
http://www.crmz.com/Directory/CountryBM.htm


Either there are a lot of blatantly illegal companies public on NYSE and NASDAQ, or the general public misinformed on whats legal and whats not.
Your thoughts?
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