I’m very confused. Wasnt that tax owed if a corporation wants to bring money back to America, to bring profits earned overseas back home?
So, if these American Israeli professionals, stay in Israel, and keep the money in Israel, don’t they avoid the tax, since they aren’t bringing back money to America?
An American owns the foreign corporation; if a transfer of assets takes place, it is being paid to an American and subject to US taxes, even if the American is overseas at the time with their foreign corporation.
The one time tax is less than what income taxes would be on those assets, so it’s just yet another bash article. Either way, even if everything they state was true, thems the deal when you’re playing international businessman owning a corporation.
All Jews have by law (Israeli law) Jewish citizenship. So jews in the US are most likely setting up these corporations to avoid taxes on money they earn while being domicile in the US, and now they are squealing that they have been caught and have to make restitution.
They want their cake and eat it too, like they have always had it.
All Jews have by law (Israeli law) Jewish citizenship. So jews in the US are most likely setting up these corporations to avoid taxes on money they earn while being domicile in the US, and now they are squealing that they have been caught and have to make restitution.
They want their cake and eat it too, like they have always had it.