Wednesday, January 7, 2009

Re: [asterisk-biz] OT: Paying people in faraway (Western) places.

Trixter aka Bret McDanel wrote:

> Jersey has 0% corporate tax rates (20% individual) which upsets the US
> and many EU nations to no end claiming "its not fair", why they got put
> on a tax haven list recently. There are other places that similarly
> have good tax laws that allow you to structure things in a way that is
> legal but gets around the tax laws. Remember "tax avoidance" is legally
> structuring stuff to not pay taxes, while "tax evasion" is the illegal
> way - the difference largely is pre-planning and intentionally making an
> effort to avoid those rules.

Yeah, I know. I'm aware of that sort of thing.

The problem is, I don't want to become an "international businessman" -
I have neither the resources nor the business case nor the capital for
it. This UK deal is most likely a one-off; I'm not planning on hiring
others in the UK per se, nor am I expecting to hire many others in
non-US countries.

So, I have absolutely zero interest in setting up any offshore holding
companies and/or registered entities in Caribbean tax havens and/or all
that other stuff that people do. I just can't justify it all for one
person, or even a few people. It's simply not worth it. I'm not
Microsoft, and I have no substantial assets to avoid (not evade) taxes
with like large corporations. So, dicking around with this stuff would
be a pointless waste of my time.

I just want to hire a guy in the UK with a minimum of hassle to me, and
especially to him. How freaking hard can this be?

--
Alex Balashov
Evariste Systems
Web : http://www.evaristesys.com/
Tel : (+1) (678) 954-0670
Direct : (+1) (678) 954-0671
Mobile : (+1) (678) 237-1775

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