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Where you registered your company? and where you pay taxes?

Discussion in 'BlackHat Lounge' started by ppaizon217, Feb 29, 2016.

  1. ppaizon217

    ppaizon217 Regular Member

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    Hi, curious to know where you registered your company,
    where you pay your taxes, (as you pay taxes not where your company is registered but where you're "legal residence" is.. enche where your affairs/family/life is at..atleast that's a rule which works for almost all the europe).
    and how much they are (tax corp % + your own tax % when you cashout).

    Myself 50-60%... it's a sh*t! Ita
     
  2. Liaata

    Liaata Regular Member

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    Mine is registered in Germany, because I live here. I think you should pay your taxes where you live, because you took great use of schools, streets and health care before.
     
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  3. Sristy

    Sristy Jr. VIP Jr. VIP Premium Member

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    Aren't we suppose to register and pay taxes in the country where we live, else it is considered money laundering.
     
  4. ppaizon217

    ppaizon217 Regular Member

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    Oh well. Guess who print money? Ta - daaaaa. money counts only for mortals like us who are blind and chained our time to our jobs in order to live. They could offer REAL health care, REAL education.. but that's not the case, obviously. We are slaves.
     
  5. ppaizon217

    ppaizon217 Regular Member

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    Lol. Obviously not. For exemple in Italy, If you go to live for example in Ireland 6+ months, then sign up for AIRE (Italians not living in Italy anymore), and don't have properties in Italy, nor family, you are legally resident in Ireland, and you pay taxes to Ireland.
    In any case, you can register your company and bank acc where the hell you want even if you're living in your contry, as long you are reporting taxes to your contry. (If you actually live in your country ofc!).
    Note that many countries (like bahamas. aka tax heavens) are blacklisted from Europe, USA and other 1st world countries and you'll hardly if ever will get the chance to be legally resident there even if you live there...
    But there's many countries not blacklisted with low taxes 25%<... just are not as good as these tax heavens which have 0-10% taxes..
     
    Last edited: Feb 29, 2016
  6. Reaver

    Reaver Jr. VIP Jr. VIP

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    I hardly think that's any of your business.
     
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  7. Sherbert Hoover

    Sherbert Hoover Jr. Executive VIP Jr. VIP

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    What are your withholdings? Do you have any dependents? Are you claiming pets or deceased relatives as dependents? Are your expenses truly business or are some personal expenses in there? How much additional sales tax did you pay? Was that Motel 6 off the interstate you booked for two hours really a business meeting? Can you describe your morning bowel movement in detail? What is your paternal grandmother's social security number? Have you ever been in love?

    Sincerely, not the IRS.
     
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  8. Capo Dei Capi

    Capo Dei Capi BANNED BANNED

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    So you're taking a salary yet not deducting that from the profit of the company you have?
     
  9. CenTex Hosting

    CenTex Hosting Jr. VIP Jr. VIP

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    CenTex Hosting is registered in the State Of Texas as a corporation. We also file and pay our sales tax here as well. Set up in Texas as I live here.
     
  10. Ste Fishkin

    Ste Fishkin BANNED BANNED Jr. VIP

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    I own land on the moon so I register there.

    TAKE THAT NASA!
     
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  11. Reaver

    Reaver Jr. VIP Jr. VIP

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    The only other person who owns land on the moon is a member of a boy band.

    That brings up the question: where do boy bands register and pay taxes?

    Anyone care to share some light on this?
     
  12. thebomb

    thebomb Junior Member

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    aha! Gotcha!

    Nice try Special Agent IRS
     
  13. MLworkonline

    MLworkonline Registered Member

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    I am a dual resident. Citizenship and resident in one country (country1), and work visa and residence in another(country2). It gets complicated.

    but, and i am surprised no one mentions this, most 1st world countries have double taxation treaties with each other (the USA has its own wierd set of rules). anyway, this means that I can't be taxed twice or at least fully taxed twice. if you do have to pay tax it is usually around 15%, at least for any treaties with my home country. for example my "day job" in country 2 where i have a work visa is taxed in country 2. Country 1 does not (usually) get taxes for that,especially as i dont make enough for either country to bother me. though they can/will review your tax return from the other country. depending on how you have things set up you might lose a small chunk there. same thing functions the other way around as well. this is where a good international tax lawyer comes in handy. remember always. nothing from country1 touches country2 and the other way around. if it does, it will turn into a shitshow. paying close to 50% in taxes and social obligations twice sucks donkey balls.

    for example in country 2 i have a very restricted work permit. any other work other than what is stated explicitly in my permit is illegal. so no IM. but I do my IM through my home country which oddly enough have extremely worthwhile numbered small business companies with low taxes (that no one talks about). depending on how you structure it and run your finances you can even spare yourself from personal taxes.

    remember if you are from a first world country, look into double taxation rules/treaties. hell, if you make enough, it might be worth it to buy a residence in another country. (why is there always a buyer for property in switzerland???...and then it sits unused....hmmm)

    and for god's sake talk to a knowledgable tax lawyer.