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  #1  
Old 01-14-2007, 07:16 AM
TonyS0pran0 TonyS0pran0 is offline
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Default Best way to withdraw to avoid taxes?

Ok, I want to take $20K out but flat out refuse to pay taxes to this government [img]/images/graemlins/smile.gif[/img] What is the best way to do this? I could request a check from Neteller, I would have to cash it in my name and the transaction would be saved in a database somewhere for sure. The Neteller debit card is nice, it would take months to get $20K out though with tons of fees. Anyone ever done this before? Please enlighten me folks!!!
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  #2  
Old 01-14-2007, 08:43 AM
nuts nuts is offline
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Default Re: Best way to withdraw to avoid taxes?

get an offshore bank account and withdraw to that?

or move to the uk. [img]/images/graemlins/wink.gif[/img]
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  #3  
Old 01-14-2007, 08:51 AM
TonyS0pran0 TonyS0pran0 is offline
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Default Re: Best way to withdraw to avoid taxes?

I would love to do nothing more than renounce my American citizenship and move to Canada!! Unfortunately I have a wife who does not agree with me..... Any good answers to my question?
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  #4  
Old 01-14-2007, 09:10 AM
tom10167 tom10167 is offline
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Default Re: Best way to withdraw to avoid taxes?

Ask the IRS. help@irs.gov
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  #5  
Old 01-14-2007, 03:10 PM
AlienBoy AlienBoy is offline
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Default Re: Best way to withdraw to avoid taxes?

Canadian taxers are higher than in the US (except they don;t tax poker).

Info:

1) Any transaction with a US financial institution of $10,000 or more is automatically reported to the IRS.

2) Transactions of $3,000 or more MAY be reported at institution discretion.

3) Breaking up a 10,000 transaction into smaller transactions over a period of days is called "structuring" and will be reported tot he IRS and you will be paid a visit FROM the IRS and charged with "structuring".


4) Owning a corporation in some offshore nations is cheap, and allows for keeping funds in an offshore account without your name attached.


AB
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  #6  
Old 01-14-2007, 04:17 PM
kassdog kassdog is offline
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Default Re: Best way to withdraw to avoid taxes?

I heard of a way doing it through a casino, having a check transfered to them, then playing there a little bit and cashing it all out. Not sure on the details but highly illegal i think.
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  #7  
Old 01-14-2007, 04:42 PM
TonyS0pran0 TonyS0pran0 is offline
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Default Re: Best way to withdraw to avoid taxes?

Looks like Neteller ATM is the only practical way of doing this......
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  #8  
Old 01-14-2007, 09:33 PM
Dane S Dane S is offline
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Default Re: Best way to withdraw to avoid taxes?

Tony, you of all people...
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  #9  
Old 01-14-2007, 09:45 PM
AustinDoug AustinDoug is offline
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Default Re: Best way to withdraw to avoid taxes?

You are scum. Consider yourself enlightened.
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  #10  
Old 01-14-2007, 11:02 PM
Kmon Kmon is offline
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Default Re: Best way to withdraw to avoid taxes?

lol, move to vegas no taxes on poker, or so it said in phil gordon's black book i just finished today. Or be like one the thousands of poker players that don't claim poker on there taxes. The off shore is ur best bet.
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