Episodes
Monday Mar 04, 2024
Americans Can't Save Taxes by Going Offshore
Monday Mar 04, 2024
Monday Mar 04, 2024
Today we tackle the misconception that Americans can reduce their tax burdens by moving assets offshore. We dispel the myth and explain why offshore strategies, like using foreign corporations and trusts, often fail to deliver significant tax savings, if any. Discover the complexities of the US tax system and the risks associated with offshore planning, including a discussion of Subpart F, GILTI, and other anti-avoidance measures.
Download the guide "International Tax Form Filling" https://esquiregroup.com/international-tax-filing-guide/
Version: 20240731
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