Quote:
Originally Posted by mike4rd  Just because you have a corporation in the Cayman island, does not mean you are commiting tax fraud.
There is a difference between Tax Avoidance and Tax Evasion.
Tax Avoidance is legal.
Tax Evasion is illegal. |
What exactly is the difference? I don't see how keeping your money in another country would be breaking the laws of the U.S.?