Offshore Business - Pay Low Tax: Difference between revisions
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Revision as of 19:39, 10 November 2024
There is much confusion about what constitutes foreign earned income with respect to the residency location, the location where the work or service is performed, and supply of the salary or fee payment. Foreign residency or extended periods abroad from the tax payer is often a qualification to avoid double taxation.
3) Have you opened up an IRA or Roth IRA. If you don't have a retirement plan at work, whatever amount you contribute up to specific amount of money could be deducted from your income to reduce your tax.
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