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Provocative International Tax News

international tax, international tax planning,

International Tax Planning for the Entrepreneur is easy to read and understand.

You are in good company reading this blog with 50,000 other smart viewers  (from more than fifty countries).

Making you wealthy with innovative tax planning is the mission of this blog.   Wealth is not created by your tax deductions. Spending a dollar to save forty cents in taxes will not make you wealthy. Wealth is created by good business including innovative and, in some cases, provocative tax plans.

Now in Audiobook. Get the 2015 edition of International Taxation in America for the Entrepreneur at Amazon on this link.  You will learn the tried and true methods of international tax planning for the business owner and real estate investor.

Want to brainstorm your tax idea?   Then, please call me, Brian Dooley, CPA, MBT at 949-939-3414 for a free brainstorming consultation.

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Tax planning and saving taxes does not work when you IRS deposits are stolen. Use the “Safe Lock” to protect yourself.

Protect your tax refund from ID thieves with the free “Safe Lockon this link.  Until the Obama’s Attorney General Holder was robbed twice, the Administration did little.  Then they got Michelle’s Obama’s social security number.

Local drug gangs have turned into tax refunds thieves.   60 Minutes reported that they have “laptop parties” where they get together and chit chat as they steel your money.   Often they have a friend or a mole working at a doctors office. The mole gets your information..

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American firms are finding England a great low tax haven.  Pfizer Pharmaceutical move to London, has let the “cat out of the bag.” Here is how it is done if you are a small business.  If you are going to move your headquarters outside the U.S., do it quickly.  Congress is panic and plans to have an “exit tax” (just like the Soviets back in the hey days of the USSR).

Best Country for Tax Inversion and Starting an Offshore Business? I looked at tax rates,  the type of commercial laws and supply of English speaking well educated work force.  Here is where to save taxes and enjoy life.

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i Saving taxes with an IRS approved tax plan is called a private letter ruling.

International Gift Tax Plans with this IRS internal letter on this link. Fantastic legal tax avoidance for the foreign person with family in the U.S. is explained in this letter.

  • Avoiding state income taxes this new IRS  designer  Nevada trust.  IRS tells how to use your Nevada corporation as your trustee to legally stop paying state taxes on your investment income. Here’s what’s happeningon this link.

New-Saving international taxes with this letter from the U.S. Department of the Treasury letter to the U.K. tax authorities on tax planning in the U.S. for UK and EU companies.

Tax planning,  with the Supreme Court common tax laws

Tax planning with Supreme Court common tax laws

18th Century Supreme Court case destroys IRS tax penalty law. Using this case, the Tax Court gave the IRS a big defeat.  Here is what happen.   The Supreme Court is the “law of the Land”.  It rules over the IRS and Congress.   

It works both ways.  The blog on this link explains the most missed Supreme Court Doctrine in this offshore plan blown away by the IRS.

My book, International Taxation in America for the Entrepreneur, is now available as an audiobook (in addition to the Kindle and hardcopy editions).  Learn why e-commerce and web based businesses are saving taxes. 

international tax planning, international, tax, planning,

International tax planning and international tax savings with this Treasury Department report.

The U.S. Department of the Treasury (a branch of the White House) issued a secret report on tax savings international tax plans that the IRS cannot stop.   They reported the successful foreign tax plans of international businesses. We have obtain a copy.  It is on this link.   

offshore trust, foreign trust, nevada trust, estate planning trust, esbt, Since the Middle Ages, the wealthy have capitalized on trusts to avoid paying taxes.

Trust are the most effective tax tool. International tax planning should start with a Nevada trust to own the foreign company.

This easy to read blog post has the blueprint for successful trust tax planning. International Tax Planning should start with a trust to own the foreign companies. Besides avoiding state income taxes, the trust can move onshore or offshore at any time.

Surprisingly, an internal IRS memo disclosures how to protect assets and save taxes with an offshore trust.  In this blog post, I discuss offshore tax planning and provide the IRS memo. 

internet tax planning, saving taxes, cloud tax planning ,

Saving taxes with the cloud based

Learn how businesses are using the cloud to save taxes on this link.  E-commerce businesses are avoiding state income taxes and in some cases deferring U.S. taxes.

Be an IRS tax wizard with our new custom Google search, below .  I personally programmed this custom Google app to read 800,000 pages deep inside the IRS’s web site and the tax court’s web site. 


New Swiss Tax Initiative- Will they stay Swiss or go American

Unlike the U.S., the people vote for tax increases in Switzerland.  Like the U.S. the aging population is exceeding the working population.  The Swiss have social security and it is going to need money.

So, next month the Swiss vote on an increase in their “Death Tax”… the tax that Americans feels is the most unfair.

The Swiss leftist press point out that “In 1990, 1% of the taxpayers possessed 30% of the national net wealth, while today the figure is 40%.”  This is worldwide trend that occurred at the start of the Industrial Age.  It also occurred at the start of the agriculture age in Greece and Rome.

To put a stop to the increasing concentration of wealth, the political left has come up with several recent people’s initiatives aiming to reduce income disparities and achieve greater equity in taxation.

In the last two years the voters have had their say on three proposals and rejected them all: an initiative aimed at 1:12 pay caps within companies, an initiative for the introduction of a nationwide minimum wage and another one to scrap lump sum taxation for rich foreigners.

Like the U.S. press, the concept is to  “tax millionaires”.   It seems okay to steal from the rich to fund old age pensions”.

The  nationwide vote on June 14, leftwing parties and trade unions, led by the small centrist Protestant Party, are proposing to reform the system for taxation of inheritances and gifts to improve the redistribution of  national wealth.

Currently this kind of taxation falls under the jurisdiction of the 26 cantons, all of which have their own regulations as regards taxation rates and the categories of persons affected.

Unlike the U.S. canton rights are not overruled by the Federal government.

Cantonal sovereignty

The initiative is being opposed by the government, which intends to top up the old age pension fund with an increase of up to two percentage points in sales tax (VAT) as part of a wide-ranging reform of old-age insurance.

According to the finance ministry, the left’s proposal would bring an increase in the tax burden for many heirs, given that currently only three cantons tax direct descendants, and it might lead to an exodus of wealthy taxpayers from Switzerland.  The United States hope this is the case.

U.S. tax laws allow the alien to arrange his wealth so that he pays no estate tax or inheritance tax.   The IRS has issued rulings on how to use a trust located in Nevada to prevent estate tax and inheritance taxation.   If you need information on this, then please email me at  brian@intltaxcounselors.com.  By the way, the U.S. has no VAT. 

Supported by the cantonal finance directors, the government opposes a transfer of powers to the federal level as being interference with the sovereignty of the cantons and a restriction on the scope of tax “competition” within the country.

The government also expects there would be a drop in the tax revenue of cantons overall.