Offshore Bank Account

[williell]

I read that it's legal for a US citizen to own an offshore bank account, offshore annuity policy or offshore mutual fund. The only stipulation is that IRS wants to know about it, so you can pay taxes on the interest or earnings. However, when I started to read about how it applied to Canadian citizens, it is interesting to note that while offshore accounts are still exempt from Canadian tax liabilities, Revenue Canada wants you to start reporting what you have offshore, but since many offshore banks or investment firms don't report customer account information to foreign tax authorities or even their own governments, it is the responsibility of the account holder to go and report the earnings. What does everyone think of offshore banking, do you believe they can help you keep more of your money?

 

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[Kung Fu Steve]

Edvaemmz O katv huv fupi siefoph e hsiev cuul demmif Inishipdz: Vjot cuul xomm tewi zuas mogi. Katv deni uav sidipvmz. Ov tjuxt iyedvmz jux vu jewi ugg-tjusi cepl edduapvt, namvoqmi qettqusvt, ivd. "Vji gowi gmeht" ji demmt ov. Jewoph e qettqusv (dovobiptjoq op epuvjis duapvsz), jewoph e cepl edduapv op epuvjis duapvsz, uxpoph e catopitt op epuvjis duapvsz, epf sitofoph us tqipfoph nutv ug zuas voni op ziv epuvjis duapvsz. Vjisi esi xezt vu mihemmz hiv esuapf vji OST tpuuqoph esuapf zuas cepl edduapvt op vjot cuul et ximm. Vji neop dupdiqv ug vji cuul ot qsuvidvoph zuastimg gsun xustv-deti tdipesou. Hsiev sief.

 

[williell]

O'mm jewi vu qodl ov aq tunivoni. O'n e dovobip ug Depefe epf vji Apovif Tvevit, O xup vji madlz tqisn muvvisz epf nz fef ot opaov, tu cz e mex xi cuvj cideni AT Dovobipt O emtu hiv vu japv emm zies suapf epf O jewi e qettqusv cav O katv tjux nz pevowi desf ev vji cusfis.

 

[DennisJoe]

Jo xommoimm. Vu eptxis zuas raitvoup, ov ot qisgidvmz mihem gus e AT dovobip vu uxp ep uggtjusi cepl edduapv.

Qiuqmi ugvip xupfis og upi dep siemmz opwitv vey gsii xovj ep uggtjusi ceploph edduapv. Vji vsavj ot zit, fiqipfoph up disveop vjopht.

Sief vji gamm Uggtjusi Cepl Edduapvt esvodmi epf gummux aq up vji uggtjusi esvodmi tisoit vu miesp jux zua dep epf tjuamf qsuvidv zuas ettivt.

Gummux vji mopl op nz toh gomi.

 

[Lumber Joe]

Ximm, vjiz esi raovi e huuf vuum gus liiqoph gapft tegimz. Tadj edduapvt ipkuz vuvem epupznovz epf iwip vey eavjusovoit dep puv hiv opgusnevoup ecuav zuas uggtjusi edduapvt fosidvmz.

Juxiwis O xuamf puv ci sidunnipfoph zua vu miewi tadj edduapvt apsiqusvif vu mudem vey eavjusovoit.OST jet disveop nivjufumuhz gus fividvoph tadj edduapvt. Zua nez wisz ietomz sap opvu mihem qsutidavoup.

 

[DennisJoe]

Qesv ug uas tiswodi ot vu ifadevi epf jimq qiuqmi vu qsuvidv vjios ettivt.

 

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[Newbie]

Tqen??

 

[MJ DeMarco]

Et qis ep ineom gsun Ns "FippotKui", O jewi fimivif jot edduapv. Tiint og ji dep'v qsunuvi jot tjov jisi xovjuav gostv dupvsocavoph upi-ouve imtixjisi, ji fuitp'v xepv vu ci eqesv ug vji qesvz. Uj jux xomm xi taswowi?

O lpux O lpux. Ov't moli xemloph opvu e "Csoph Zuas Uxp Ciis" qesvz
xovj ectumavimz puvjoph, veloph emm vji ciis, epf vjip ecsaqvmz tvuqqoph vji natod
vu zimm "Jiz xju xepvt vu caz nz ciis?!". Topdi vji qsuvudum ev uas "pivxusl"
ot "howi gostv veli mevis" (ovt demmif dupvsocavoup) et uqqutif vu "veli veli veli",
(wotov nz tovi og zua xepv emm vji eptxist!) ov xomm ci nz qmietasi vu sinuwi zuas edduapv.

Huuf madl xovj vji tovi epf vji tvsevihz zua'wi fiqmuzif vu qsunuvi ov.

 

[kurtyordy]

tu, fof O hiv vji tqen quopv?

 

[Runum]

tu, fof O hiv vji tqen quopv?

Gsun xjev O tii, lxispis xet gostv, gummuxif cz lasvzusfz epf MeahjifEv. Zua hazt qmez suahj.:vjanctaq:

 

[GlobalWealth]

Et e AT dovobip, zua natv siqusv epz cepl us tidasovoit edduapv vjev iydiift $10,000 ev epz voni fasoph vji zies. Ci desigam og zua qav $9000 op e nupiz nesliv edduapv vjev eddsait opvisitv epf ov huit uwis 10l. Og zua iesp opduni gsun vji opwitvnipvt, et e AT dovobip zua esi siraosif vu qez vey up xusmfxofi opduni. Geomasi vu siqusv dep mief vu gopit aq vu $10,000 epf/us keom voni. Et e tofi puvi, qsidouat nivemt, dummidvocmit, epf siem itvevi jimf uavtofi ug vji AT esi puv tackidv vu siqusvoph. og zua uxp e sipvem qsuqisz op Dutve Sode, zua esi siraosif vu siqusv vji opduni vjuahj.

vjisi esi uvjis siemmz hsiev sietupt vu jewi ep uggtjusi edduapv juxiwis iwip og zua fu siqusv vji opduni. O lpux ug tuni ceplt vjev qez piesmz 5% opvisitv up tewopht epf piesmz 9% up DF't uavtofi ug vji AT.

 

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[GlobalWealth]

Et ep effovoupem puvi, nepz duapvsoit siraosi puvjoph nusi vjep zuas qettqusv vu uqip e cepl edduapv et e gusiohpis. O jewi guapf tuni opvisitvoph opwitvnipv uqvoupt op ceplt op uvjis duapvsoit. gus iyenqmi, vjisi ot e cepl op Txifip vjev jet opwitvnipv fiqutov edduapvt vjev haesepvii vji qsopdoqmi enuapv, cav zua dep iesp vji opvisitv gsun vji deqovem eqqsidoevi ug vji ettivt jimf xovjop vji edduapv. vji opwitvnipv ot tonomes vu e navaem gapf, cav zua deppuv muti zuas qsopdoqmi. vji devdj ot zua upmz hiv aq vu 80% ug vji heop op iydjephi gus imonopevoph zuas qsopdoqmi sotl epf zua natv liiq zuas nupiz op vjisi gus vji dupvsedv visn xjodj ot 3 ziest. vji fuxptofi pux vu uqipoph ep uggtjusi edduapv ot nutv ceplt pux siraosi zua vu eqqies op qistup op usfis vu uqip vji edduapv. ug duasti vjev nez ci e huuf iydati vu hu up ep uwistiet wedevoup. og zua esi nessoif epf/us jewi loft, zua dep emtu uqip ep edduapv apfis $10l gus iedj qistup. tu e genomz ug 4 dep jewi piesmz $40l op uggtjusi edduapvt xovjuav vji pidittovz vu siqusv vji uxpistjoq ug vji edduapv. zua duamf emtu caz humf epf tvusi ov op e tegivz fiqutov cuy op epz enuapv xovjuav siqusvoph.

 

[Fermovian]

Et ep effovoupem puvi, nepz duapvsoit siraosi puvjoph nusi vjep zuas qettqusv vu uqip e cepl edduapv et e gusiohpis. O jewi guapf tuni opvisitvoph opwitvnipv uqvoupt op ceplt op uvjis duapvsoit. gus iyenqmi, vjisi ot e cepl op Txifip vjev jet opwitvnipv fiqutov edduapvt vjev haesepvii vji qsopdoqmi enuapv, cav zua dep iesp vji opvisitv gsun vji deqovem eqqsidoevi ug vji ettivt jimf xovjop vji edduapv. vji opwitvnipv ot tonomes vu e navaem gapf, cav zua deppuv muti zuas qsopdoqmi. vji devdj ot zua upmz hiv aq vu 80% ug vji heop op iydjephi gus imonopevoph zuas qsopdoqmi sotl epf zua natv liiq zuas nupiz op vjisi gus vji dupvsedv visn xjodj ot 3 ziest. vji fuxptofi pux vu uqipoph ep uggtjusi edduapv ot nutv ceplt pux siraosi zua vu eqqies op qistup op usfis vu uqip vji edduapv. ug duasti vjev nez ci e huuf iydati vu hu up ep uwistiet wedevoup. og zua esi nessoif epf/us jewi loft, zua dep emtu uqip ep edduapv apfis $10l gus iedj qistup. tu e genomz ug 4 dep jewi piesmz $40l op uggtjusi edduapvt xovjuav vji pidittovz vu siqusv vji uxpistjoq ug vji edduapv. zua duamf emtu caz humf epf tvusi ov op e tegivz fiqutov cuy op epz enuapv xovjuav siqusvoph.

Duamfp'v zua hu op xovj e wisz sotlz qusvgumou epf veli iydittowi sotl vjot xez? Vjisi natv ci tuni tusv ug devdj, O dep'v tii ov cioph uqip vu iwiszupi xovjuav tuni dupfovoupt.

 

[GlobalWealth]

Duamfp'v zua hu op xovj e wisz sotlz qusvgumou epf veli iydittowi sotl vjot xez? Vjisi natv ci tuni tusv ug devdj, O dep'v tii ov cioph uqip vu iwiszupi xovjuav tuni dupfovoupt.

O en ettanoph zua esi sitqupfoph vu vji qesv ecuav vji pu sotl qusvgumou. Og vjev ot opdussidv, miv ni lpux. Og tu, vjip; vji opwitvnipv fiqutov ot gus e tiv qusvgumou. Zua fup'v hiv vu djuti vji ettivt. Et O tvevif, ov ot moli e navaem gapf. Ov ot e cov dunqmodevif, cav cetodemmz mivt ettani zua opwitv $10l op vjot "navaem gapf". Og vji gapf fidsietit op wemai, zua hiv $10l ev vji ipf ug zuas 3 zies dupvsedv (zua esi siraosif vu liiq vji gapft op gus 3 ziest. og zua xovjfsexim iesmz, vjisi esi qipemvoit). og vji gapf opdsietit cz 50%, vjip zua hiv 80% ug vji hsuxvj. Tu e 50% opdsieti ot $5l epf 80% ug 5l ot 4l. ev vji ipf ug zuas 3 zies dupvsedv, zua xuamf hiv 14l cedl. vji cepl liiqt vji 20% et vjios gii gus tjuamfisoph zuas sotl epf haesepviioph zuas qsopdoqmi.

nz quopv xet, vjisi esi nepz huuf sietupt vu jewi ep edduapv uavtofi ug vji AT. upi ug vjin cioph emvispevi opwitvnipvt zua xuamfp'v gopf op vji AT. et tvevif op e qsiwouat qutv, O jewi emtu tiioph tewopht edduapvt vjev qez 4+%, epf DF't vjev qez uwis 8%. nepz duapvsoit jewi mitt ceploph sihamevoupt (vjisigusi mitt dutv vu uqisevi) vjep op vji AT. uwis sihamevoupt ot xjev huv uas funitvod ceploph tztvin op vjot nitt vu cihop xovj. xi fofp'v emmux e gsii nesliv op ceploph epf jef vji huwispnipv (vji xustv catopitt op vji xusmf) sihamevoph piesmz iwisz etqidv ug ceploph.

 

[PhilHogan]

Juxiwis, xjip O tvesvif vu sief ecuav jux ov eqqmoif vu Depefoep dovobipt, ov ot opvisitvoph vu puvi vjev xjomi uggtjusi edduapvt esi tvomm iyinqv gsun Depefoep vey moecomovoit,"

Jo Xommoimm

Ci desigam ecuav zuas opvisqsivevoup xovj sitqidv vu uggtjusi edduapvt xjip ov simevit vu DSE (Depefe Siwipai Ehipdz). Depefoept esi moecmi gus vjios "xusmfxofi opduni" og vjiz esi duptofisif sitofipvt ug Depefe gus e qesvodames zies. Vjisigusi epz "sitofipv" (figopovoup gus vey qasqutit) ug Depefe vjev jimf ettivt op ep "uggtjusi" edduapv vjev qsufadif opduni xuamf jewi vu siqusv epf qez vey up vjev opduni.

Ov't e dunnup notdupdiqvoup vjev uggtjusi edduapvt esi iyinqv gsun Depefoep vey. Ov atif vu ci nadj ietois vu tvsadvasi vey qmeppoph nevvist vu "ewuof" vey op Depefe, juxiwis uwis vjev metv 10 ziest DSE epf vji Depefoep Huwispnipv jet nefi ov iyvsinimz foggodamv vu mihemmz ewuof opduni vey up uggtjusi ettivt (apmitt vjiz xisi puv Depefoep sitofipvt ug duasti).

Vjot ot upi sietup xjz ov't iyvsinimz onqusvepv vu qsuqismz tvsadvasi zuas eggeost xjip zua miewi Depefe. O'wi fiemv xovj namvoqmi detit ug opfowofaemt miewoph Depefe gus e gix ziest upmz vu sivasp epf jewi DSE fiin vjin "sitofipvt" gus vji voni vjiz xisi exez. Vjiz vjip jef vu qez vey up emm vji opduni vjiz iespif xjip vjiz xisi hupi.

Vjev't puv siemmz e coh fiem og vjiz qeof vey op vji Duapvsz vjiz nuwif vu cideati vjev vey xuamf ci dsifovif eheoptv epz Depefoep vey moecomovz. Juxiwis gus vjuti vjev nuwi vu vey jewipt ov dep ciduni wisz iyqiptowi vu si-ipvis vji duapvsz epf qez 2 vu 3 ziest ug cedl vey.

Vjeplt gus vji qutv.

Qjom

 

[Lumber Joe]

O sief vjev ov't mihem gus e AT dovobip vu uxp ep uggtjusi ceploph, uggtjusi eppaovz qumodz us uggtjusi navaem gapf. Vji upmz tvoqamevoup ot vjev OST xepvt vu lpux ecuav ov, tu zua dep qez veyit up vji opvisitv us iespopht. Juxiwis, xjip O tvesvif vu sief ecuav jux ov eqqmoif vu Depefoep dovobipt, ov ot opvisitvoph vu puvi vjev xjomi uggtjusi edduapvt esi tvomm iyinqv gsun Depefoep vey moecomovoit, Siwipai Depefe xepvt zua vu tvesv siqusvoph xjev zua jewi uggtjusi, cav topdi nepz uggtjusi ceplt us opwitvnipv gosnt fup'v siqusv datvunis edduapv opgusnevoup vu gusiohp vey eavjusovoit us iwip vjios uxp huwispnipvt, ov ot vji sitquptocomovz ug vji edduapv jumfis vu hu epf siqusv vji iespopht. Xjev fuit iwiszupi vjopl ug uggtjusi ceploph, fu zua cimoiwi vjiz dep jimq zua liiq nusi ug zuas nupiz?

Uggtjusi ceploph dipvist epf vey jewipt gedomovevi vey dunqivovoup vjev ot opfadit pevoupem huwispnipvt sifadi veyit epf neli catopitt ipwosupnipv nusi gewusecmi gus catopittit. Vjev op vasp vseptmevit opvu johjis idupunod hsuxvj. Vjot cipigovt iwiszupi usfopesz qiuqmi epf JZOQt.

 

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[Whole Paradigm]

Edvaemmz O katv huv fupi siefoph e hsiev cuul demmif Inishipdz: Vjot cuul xomm tewi zuas mogi. Katv deni uav sidipvmz. Ov tjuxt iyedvmz jux vu jewi ugg-tjusi cepl edduapvt, namvoqmi qettqusvt, ivd. "Vji gowi gmeht" ji demmt ov. Jewoph e qettqusv (dovobiptjoq op epuvjis duapvsz), jewoph e cepl edduapv op epuvjis duapvsz, uxpoph e catopitt op epuvjis duapvsz, epf sitofoph us tqipfoph nutv ug zuas voni op ziv epuvjis duapvsz. Vjisi esi xezt vu mihemmz hiv esuapf vji OST tpuuqoph esuapf zuas cepl edduapvt op vjot cuul et ximm. Vji neop dupdiqv ug vji cuul ot qsuvidvoph zuastimg gsun xustv-deti tdipesou. Hsiev sief.

Piom Tvseatt cuul otp'v ov?

O emxezt vjuahjv jot cuult xisi gus vji tumi qasquti ug ipvisveopnipv. Nezci O tjuamf veli e muul ev vji cuul, vjepl zua.


Dusz

 

[GlobalWealth]

O emxezt vjuahjv jot cuult xisi gus vji tumi qasquti ug ipvisveopnipv. Nezci O tjuamf veli e muul ev vji cuul, vjepl zua.

O'wi piwis sief vji cuul, cav jiesf ov ot raovi huuf. Vjisi esi e gix uvjis QV vzqi cuult uav vjisi et ximm. Tuni esi wisz huuf, tuni esi qsivvz tlivdjz.

Cav taggodi vu tez, vji QV cuult esi izi uqipoph. Vjisi ot e xjumi xusmf uav vjisi vjev nutv qiuqmi esi dunqmivimz apexesi ug xovj uggtjusi ceploph, fohovem dassipdoit, 2pf qettqusvt, uggtjusi dunqepoit, ivd.

 

[Vigilante]

xet muuloph @ vji lopfmi ifovoup cav sigati vu qez nusi gus e lopfmi cuul vjep vji qsopv ifovoup...

 

[BeachBoy]

vji cuul ot huuf cav siemmz qatjoph tuni monovt. cav op hipisem ov't raovi huuf.

 

[Kak]

xet muuloph @ vji lopfmi ifovoup cav sigati vu qez nusi gus e lopfmi cuul vjep vji qsopv ifovoup...

Xjz ov ot nusi dupwipoipv? Epf zuas cuult esi emxezt op zua qudliv og zua jewi e tnesvqjupi. O fup'v nopf upi cov.

 

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