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Old 06-20-2007, 10:57 PM
MiltonFriedman MiltonFriedman is offline
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Join Date: Feb 2006
Location: Waaay down below
Posts: 1,627
Default Re: Playing under an offshore Anonymous Corp or Foundation

"I've moved out of the United States and was thinking of playing under an anonymous corporation or foundation.... could be tracked."

If you are planning to commit tax fraud, don't. Understand that it is illegal to do so.

However, also understand that the first $82,000 of income you earn outside the US is exempted from US taxes, provided you meet certain foreign residency rules. (You likely are way too late for the exemption for 2007, but keep it in mind for 2008.)

Get a foreign bank account, but remember to report it each year to the Treasury Department by June 30 for the prior year.
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