That's a bit strong. There are many reasons for setting up an offshore company in a foreign jurisdiction. As long as the returns are properly reported it is not a sham.
I had a property owning company in the UK doing exactly this. It was classed as a CFC and I had to pay tax on the increase in value every year (the balance sheet was used for this purpose as all UK limited companies have to be audited). This was a pain when the AUD dropped as in AUD terms the...
You either appoint an agent to do the work or do it yourself. You can't have it both ways.
If I was your agent and obtained a tenant which you had approved only for you to change your mind I would be looking for you to pay all the advertising and signup commission and management fees for the...
No one is sure there is a real economic recovery in the United States. But Glen is hardly likely to say that to the American Chamber of Commerce in Australia.
This second group of migrants, the "Murrayans" annihilated the original Tasmanian race. Not to be outdone the third wave of migrants, the "Carpentarians" (Modern Mainland Aboriginals) then committed a 100% effective genocide against the Murrayans around 20,000 years ago.
Won't it be fun when...
So what you are saying is that the battler will now decide that rather than spend his extra income will magically change his habits and "save" the money rather than spend it. And all this because GST is 2% more, even though he has more money to spend.
Is that easier for you?