.:HSTuners::

Kalvin · 11-07-2006, 11:32 PM

People have been setting up offshore bank accounts and doing that, but if you are living here, the money transfers can be traced. People have gotten caught by using offshore banks and debit cards to pay their bills. You might be able to get away with it if you are bringing in the cash in suitcases, but that would raise some eyebrows if you get stopped. If you are just paying yourself a small salary while keeping the bulk of your money in the corp account, it might work.. I'm sure the government has thought of that though.

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11-07-2006, 11:32 PM	#7
Kalvin Join Date: Jan 2004 Location: atl Posts: 129	People have been setting up offshore bank accounts and doing that, but if you are living here, the money transfers can be traced. People have gotten caught by using offshore banks and debit cards to pay their bills. You might be able to get away with it if you are bringing in the cash in suitcases, but that would raise some eyebrows if you get stopped. If you are just paying yourself a small salary while keeping the bulk of your money in the corp account, it might work.. I'm sure the government has thought of that though.