it is, but in case that you don't know-US tax it's citizens worldwide. #2-offshore mean that the country not taxing the business if profits are earned outside of country of incorporation. use search on google. it does help here-first link from top- http://www.us-llc-for-non-residents-of-the-usa-incorporate-llc-in-us.offshore-companies.co.uk/
Thanks, so i read recently that msft, google, and intel all put there revenue centers in ireland and expenses in US is that the same as offshore?
yes. instead of reducing the taxes,encourage businesses to be in US,having low,balanced budget ,US govt doing exact opposite. raise taxes and expand government to get their hands on few individuals,who happens to be smart enough and have their money outside of US. we all know how it's works..it's start's at the Clinton's..they tax more-companies outsource. who won?
I was speaking about S-Corps in general as a better vehicle than LLCs, not specifically for trading. I own several S-Corps but I trade through a personal account for the very reason you state. The reasonable salary requirement is correct but if a business is successful, the owner should be getting a lot more than a reasonable salary.