RE: POLI: Encouraging Tax Evasion

O'Regan, Emlyn (
Thu, 15 Jul 1999 15:47:50 +1000

The Baileys wrote:
> I hate to rain on your plan but U.S. taxpayers (if that is what you are)
> are
> taxed on their worldwide income. Moving servers, intangibles, and even
> business offshore only makes sense if your repatriation is nil or you're
> avoiding nexus issues.
Don't you have to earn actual money (rather than e-bucks) before tax comes into the picture? I'd love to see a prolonged diatribe from an expert on this (self proclaimed experts welcome).