people who think u have to renounce citizeship for lottery is a fool
just have a oversea's corporation claim the money , they can just like any other corporations
once u pay full tax owed aka the up front payments for winfall , any future earning thro investments are irs tax free etc
its very simple
Currently taxes on offshore profits are “deferred” until a company “brings the money home.” In other words, American multinational corporations don’t pay any taxes at all on profits made “outside” the US as long as they keep the profits “out of the country.”
the sec u bring any money into usa thro, u will again pay more tax on earnings, but only when u bring it in
so u could have millions in investments earning more money,and invest future profits into more investments, without being hit with massive tax bill ever year
for instant, apple with billions in cash, taken loans to pay its shareholders here in usa , why, the crazy use tax code made getting a Loan of money and paying loan back, cheaper then bringing money back into USA, paying us govt taxes before it can even pay shareholders
yes that's how high our taxes are. its stupid how high tax rates are in american, the fact its cheaper getting into debt then bringing wealth back home to pay for things
welcome to american, blame the dems for this insane world of taxes, anyone who smart about money,and works for a Corporate body, knows usa is worst possible place to have money. its so unfriendly its stupid
its so bad ,everyone and there dog in Corporate world has found ever loophole possible
just google Corporate Tax loopholes, and have fun reading up on upside down world, of corporate tax's, its amazing to read what everyone getting away with, and am talking about BIG ones like Bank of America, Citigroup, ExxonMobil, General Electric, Microsoft, Pfizer, Verizon. etc
funny part its the dems who created the high taxes,and the loopholes
google obama helps tax loopholes, or congress pass tax loopholes
its beyond funny, its like these people are dead set on hurting any company that makes money here,and rewards them for keeping it over sea's,
people have elected morons for leaders.
for instant
When a product is sold in America, a chunk of the purchase price is sent to the tax haven to pay for use of the patent, and these funds escape U.S. taxes
is just 1 loophole
other is jsut have fully owned off shore company make money, thro investments/whatever ,keep cash oversea's,
and then when u want to build out/grow, u just use cash u saved not paying any tax oversea etc
that's issue with american, we demand jobs here,and we want company's to build here,
yet we tax them to death ,steal all the money we can,and then our leaders blame evil corp people,
why would we bring our money into usa to build stuff if u plan to tax us,
this is world wide issue , any company and any amount of money can be anywhere in world
we living in 21s world folks, not ever nation is deadset on stealing people wealth and helping leech class live
why should the money live in usa, when less theft and leeching is elsewhere in world
find best possible place that allows u to keep your money,and have your "money" live there. welcome to freedom form leech's
u don't have to leave usa folks
just don't bring any future money into USA, keep a few million inside usa atfer the win, and rest over sea's
go to big corporation lawyers and let them set u up, all legal way, before u claim.
there is no exist tax for oversea corporation claiming a lottery prize
onlike if u did it as person, irs wi8ll tax u full 39.6% as person, then hit u on leave tax
people don't be fools and pay double tax's and give up your rights as american, u are fools who do this for lottery win
no legal reason the money has to live in usa, , when less theft and leeching is elsewhere in world
just make sure its done in such a way u keep some millions here, to spend and have good time while in USA
and have all the money u want to invest with be over sea's if hate taxes that much
i hope to god no one is a fool and gives up your rights as american , for god sakes just use Corporate world, if u want millions worth of investments to be earning tax free, do it oversea's, just DON'T bring money back into usa, or u will pay tax
there is so many diff ways to in legal world to get money over sea's and have the future earning tax free, but its all in corporate world
if u jsut go into claim a lottery ticket in your own name, u are a fool and are giving up countless options to get money out of united states
if your whole idea is to have money leave the usa that is
this is whole point of my post, your MONEY can be diff form U as legal person
it can live outside the USA, repeat, DONT give up your american status, its bigest moronic thing i readed here in long time to even msilead people on how to avoid future taxes