how to avoid paying Taxes...

[joefoxxx]

Okay as we all know it's kinda tricky these days to transfer the cash to some bank in the middle east.. so uh I wanna know if someone has a better idea..

Spam me with ideas!!
guess we ALL benefit from them ;-)

Don't come up with stupid ideas as playing poker and stuff like that because I'm allways the one who's ending up naked with these kinda games ;((

[funkmaster]

... stop making money! works fine for me !

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[Mole]

I've heard of banks on Isle of Man and the Channel Islands, which will let you open up and account with them and you can deposit money into that account.

They'll give you a Visa card to use when you want money out of that account. Since the bank will get it's commission from Visa, they usually won't charge you anything for the use of the card, except when you make a cash withdrawal. Virtually every ATM boxes all over the world will let you take out cash off your Visa card.

All you need to do is to let your sponsors wire transfer the money to that offshore bank account, or just send the bank your checks.

You'll have to check out yourself regarding the banks which provides these services.

[Cupid]

Yes, please do find a way to avoid paying taxes. I want to, no even better, I beg for you to let me take up the slack and pay more taxes to cover the taxes not paid by your lazy cheating ass.

Shit, why pay taxes. It's not as if your house has any roads going by. And your kids don't need an education. Next you are going to tell me that all of those services I receive cost money.

[nasko]

To open an account in offshore bank is the only choice you have. You can do this is Cyprus, Switzerland and the most offshore countries.

If you want to run big business with your bank account, you better open offshore company with comany account, then your name won't be anywhere you can run your business without paying taxes.

nasko

[Kimmykim]

If you are an American citizen, the ONLY way I'd recommend to pay less taxes is to take the deductions your accountant says are allowed.

Ah well the other option is going on to federal prison... if you don't have a job they certainly can't put you in jail for tax evasion.

[Amputate Your Head]

Yup.... write off every damn thing you can and pay up whatever is left over.

[pensfan]

You could always just not pay them, go to jail, then you don't have to pay taxes...

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Chained to my Adult.com Desk...
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[Mole]

Or do like me and move to Thailand. =)

I'm registered as unemployed here, so I'm not entitled to pay any taxes at all.

All the payoff I receives, goes into various bank accounts here. I spread them out and nobody is really checking things out down here. I don't think they really care because afterall, I do bring money into the country.

We all pay some kind of taxes one way or another. When you buy something, there's always VAT on it. So, even if you don't pay income tax, the government will get the money on your spendings anyway.

The more money you have and earn, the more you'll likely spend.

[playa]

if your an american i suggest that you just keep it legal and pay your taxes,,, moving your stuff offshore just raises red flags to the IRS,,,

if you get a very good Accountant you shouldn't have to worry bout nothing,,,
i wrote off stuff i never even thought i could,,, hosting,content,plane flights,hotel rooms, meals,,(why do you think the shows are in vegas)

funny though in the books my business has been in a loss for the last 2 years

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[Lightning]

I would tend to think that if your mind set is to cheat the govt, and avade paying your taxes, then your probabally not against cheating your sponsors, hosts, or anyone else??
hummmmm Things that ruin the biz for good honest people...

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Smiles

[TheFLY]

Hmmm I could go on and on about this subject... the biggest corps in this country (USA) pay almost zero tax -- yeah all their shit is set up legally offshore. Meanwhile the hard working masses get fucked in the ass -- yeah that's you and me. Some say income tax is unconstitutional -- some say the govt. makes more than enough money w/ tax on imports/exports... anyway I will play by the rules for as long as I can... but eventually I think I will be living in another country where my signups are worth more and where I am taxed less.

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[[Labret]]

Must control self...

Must...

not...

agree with TheFly.

Originally posted by TheFLY:
Hmmm I could go on and on about this subject... the biggest corps in this country (USA) pay almost zero tax -- yeah all their shit is set up legally offshore. Meanwhile the hard working masses get fucked in the ass -- yeah that's you and me. Some say income tax is unconstitutional -- some say the govt. makes more than enough money w/ tax on imports/exports... anyway I will play by the rules for as long as I can... but eventually I think I will be living in another country where my signups are worth more and where I am taxed less.

[Amputate Your Head]

Originally posted by TheFLY:
yeah all their shit is set up legally

Key words here for anyone that glossed over them.

[Mole]

Living in a third world country also has other advantages such as everything down here is a lot cheaper than in the US or EU.

You could have a monthly income of around US$ 1000 and live relatively well down here.

For a bachelor degree graduate, the starting monthly salary here is around US$ 200!

[CDSmith]

Nevermind all this! What I want to know is, how can I justify writing off all the booze I go through? THAT is the real question!

There must be a way....
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[Ludedude]

Originally posted by CDSmith:
Nevermind all this! What I want to know is, how can I justify writing off all the booze I go through? THAT is the real question!

There must be a way....

Hell yes...it's called entertainment expenses

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[CDSmith]

Originally posted by Ludedude:
Hell yes...it's called entertainment expenses

Wait! ..... I know this commercial...

Income tax agent: "So, you're claiming $76,000 of liquor store bills as entertainment expenses, right?
Me: "that's correct"
ITA: "And, the nature of your business is internet-related?"
Me: "Yes it is"
ITA: "Hmmmm, well, I dunno... what's that?" (points to over-huge bag of doritos and a jar of salsa in my grocery bag)
Me: "That's my new doritos and salsa, people really LOVE EM!"
(I crack the bag, the tax agent takes a handful and dives a chip into the salsa, followed by a few others working in the office -- offic breaks out in instant music and huge conga line)
ITA: (huge smile) "I smell REFUND!!"
Me: (amazed innocence) "Really???"
ITA: "NoooOOoooo... not REALLY"

Yes, I can just see it all now.
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[Due]

Originally posted by CDSmith:
Nevermind all this! What I want to know is, how can I justify writing off all the booze I go through? THAT is the real question!

There must be a way....
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CD
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You will not get success without researching your market


[This message has been edited by Due (edited 11-15-2001).]

[Dopy]

Do like me and move to a place where tax is only 7% then you won't have to help support a bunch of scroungers.

[CDSmith]

But Dopy, I don't want to live in Jerk-menistan.

I'll just have to pay the higher taxes.


Actually, I'm in probably one of the most advantageous spots in the world economic-wise (for what I do). I make all my money in US funds, and the exchange rate to Canadian right now is sinfully sweet. $500 USD = $790 Cdn at my bank right now. Plus the fact that the cost of living is pretty low here in Winnipeg, and you've got a recipe for success.

[aleck]

use non-US company as 3rd party // see tag

but i must say that paying taxing is a MUST for every citizen!

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[This message has been edited by aleck (edited 11-15-2001).]

[TheFLY]

Originally posted by aleck:
use non-US company as 3rd party // see tag :p

but i must say that paying taxing is a MUST for every citizen!

Wow this sounds like a cool service! I'm interested in learning more about it. Right now I'm moving and traveling a lot so it's a real bitch to get my checks forwarded. How cool would it be to be off on a long trip and call you and have you fill up my paypal Visa card w/ my affiliate money... As it is now I think I'm going to be calling my ex-girlfriend to mail me my checks -- what a pain in the ass.

If I could have all my checks mailed to you that would be great. I guess there are a few questions -- a) do I trust you with all my money? and b) how do you have permission to cash my checks when the checks are still in my name? c) what are you doing with my money while you are waiting for me to "cash out" -- are you investing this money? How safe is my money?

You have to abmit that not many people would trust you to cash their paychecks! Please explain how you are accountable.




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[Freeway]

Originally posted by joefoxxx:


Don't come up with stupid ideas ;((

Dude, even talking about this kind of thing on a board ( espically right now ) has to be the stupidest thing in the world. Think about it.

[TheFLY]

Err... yer probably right but if you go to the bookstore there are plenty of books and magazines that cover this topic... so it's not really as taboo as you think.

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</A>Oh Baby! TheFLY.net

[aleck]

Originally posted by TheFLY:
I guess there are a few questions -- a) do I trust you with all my money?

well, as u can guess all bank operations r backed up by US company, so if we would like to cheat - we can't

Originally posted by TheFLY:
b) how do you have permission to cash my checks when the checks are still in my name?

technical question. if the check is on ur name bank will require some documents from us
to cash it surely.

Originally posted by TheFLY:
c) what are you doing with my money while you are waiting for me to "cash out" -- are you investing this money? How safe is my money?

money r in US-bank, pretty safe
new things about "investing" r coming in closest future

tnx for questions
btw to get more info u can always use http://cyfrocash.com/site/contacts.html and send it to regional rep

good luck