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Can offshore companies be used in entertainment industry?

Discussion in 'Business & Tax Advice' started by Roparadise, Dec 14, 2012.

  1. Roparadise

    Roparadise BANNED BANNED

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    Is it possible to use offshore companies to save tax money if you are a dj or any kind of stage performer. I've been looking into it,and it seems like the 30% withholding to foreign companies is really hard to get around. I've heard that there are some tax treaties that can reduce the % but I havn't found any info so far.
     
  2. bitencrypt

    bitencrypt BANNED BANNED

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    stop making money, then you will save on taxes
     
  3. Roparadise

    Roparadise BANNED BANNED

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    Lol,theres nothing wrong with wanting to lower.the.% you pay in taxes
     
  4. annihilus

    annihilus Newbie

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    If it is so easy, all are using offshore companies. But it isn't....
     
  5. ozzke

    ozzke Regular Member

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    Occupation:
    SEM Consultant ;)
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    in a galaxy far far away from here
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    It is easy and everyone who is serious about business at least considers it.
    Here is a nice read for naive people http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-shows-how-60-billion-u-s-revenue-lost-to-tax-loopholes.html
     
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