Living on a boat and avoiding taxes

Who will sign the brokerage application in that case...?

 

the freedom to tax, monitor and spy?

 

Wouldn't the US IRS send tax information only to the domicile of the tax-free IBC, instead of to the country of residence of the director?

If the IBC makes money, the IBC should be taxed (or not taxed in tax-free country), not the director??

of course i might be wrong.. so i ask again: is it easy to open a, say, interactive brokers account through an IBC?

there are several jurisdictions that offer anonymous director corporations.

ps. of course the director would sign the application, but again, it's not the director that is taxed, but the corporation, so why would the US IRS do anything with that?

 

You gave the answer. Up till now, the US will tax you on the basis of NOT having a tax treaty with Croatia. They are still bickering about a possible future treaty, it it seems. Would be surprised the US will let Croatia off the hook with zero capital gain tax under a bilateral tax treaty. Let's wait and see.

In fact countries like Andorra, Cayman, Nevis are all without tax treaty. US brokers dealing with individuals or IBC's domiciliated in such countries will look to it that US tax law is complied with. You will be taxed in the US in this case.

 

Switzerland is an example.

US is tax free for non-resident corporation's capital gains.

 

Yeah, under a bilateral tax treaty.

 

So the least you need, is a corporation domiciled in a country with a tax-treaty, which as well doesn't tax non-resident income. UK ltd. maybe?

 

Yes, the US is one the BEST tax havens for non-residents.... if you are not a citizen... they will help you get around your countires laws to park money here and not pay taxes...

Unfortunatly for the citizens, the US knows all the tricks of the trade so they pass laws that prevent us from doing anything...

The US is freedom... but within norm

freedom of religion... but within norm
freedom of press... but within norm
freedom of all sorts of things... but within status quo.

imo

 

Is it possible just to defer tax every year?

Enter into a perfectly hedged trade, Long NQ and Short QQQQ
take the tax loss on one position and close the other the next fiscal year??

 

Actually not. The last time I looked at it (I think it was on greencompany.com so it's worth what it's worth), if you are a non-resident CORPORATION, you don't pay capital gain taxes, whatever a tax treaty is existent or not. This is different for non-resident INDIVIDUAL.