One last reminder about the $450 discount for early reservations on our New Zealand Symposium on Dec. 4, 5 & 6, 2006. We have enough people to proceed, if...
QUESTION: I have a single-member Nevis LLC that elected to be disregarded. This LLC invested in an IBC which is a PFIC 1291 Fund (no QEF election) and received...
QUESTION: I am invested in a foreign partnership that pays monthly advances on quarterly dividends. I reinvest these dividends back into the partnership. I...
For the benefit of anyone who might have been thinking about attending the Escape to New Zealand Symposium in Auckland, NZ, I regret that we had to cancel the...
On the bottom fold of the front page of USA Today (9/14/06), the headline says, "Offshore Tax Shelters Not Just for the Rich". But then the first four...
QUESTION: In your memo about the USA Today article on offshore tax evasion, you mentioned that there is a web site (www.alexa.com) where you can look at...
QUESTION: I bought your CFC book a few years ago. I have tried to post a question but it keeps getting returned as undeliverable. I have posted it below: From...
My reply to the question yesterday about the tax filing requirements for a resident alien prompted the following responses. These comments were written for the...
The Jacobs Report is intended mainly to provide non-technical explanations of the U.S. tax treatment of various cross border transactions, investments,...
Reminder from the Calendar of JacobsReport http://groups.yahoo.com/group/JacobsReport/cal Oct. 15th Tax Return Due Date Sunday October 15, 2006 All Day (This...
JacobsReport@yahoogro...
Oct 1, 2006 5:31 am
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QUESTION: I have just left my company and I have $175,000 in my savings and investment account.It there any was to transfer that money in an offshore account...
COMMENT: In your reply yesterday about tax free offshore investments you indicated that the only way you know of to invest offshore without having to pay...
QUESTION: I know your email Q&A service is supposed to be for the untrained but for a novice it is still very confusing! Or is it the IRS that is confusing! ...
QUESTION: I have a foreign grantor trust, but from what I have read I have to file a FBAR report when I exceep $10,000 a year. Would the same be true if I had...
QUESTION: I subscribe to your International Wealth Protection Website <http://www.offshorepress.com/wealthprotect.htm> and find it very helpful to sort...
On October 18th, the IRS issued proposed regulations (Reg-141901-05) that reverses their long standing position on the deferral of capital gains through the...
QUESTION: I have some questions as a beneficiary from an offshore non grantor trust. My father established the trust in the Isle of Jersey, off of UK in 1978....
QUESTION: I have recently discovered your group on Yahoo! and have read countless messages regarding the 5471. I find the forum to be excellent and will follow...
QUESTION: I will be getting audited by the IRS. Do you sell anything I can show to the Revenue Agent to persuade him or her that my HYIP profits are legit? I...
QUESTION: I work in the Middle East and I am paid by the joint venture from the Middle east. The joint venture is half American and half Oman. Do I have to...
QUESTION: Thought this might be of interest to you. It's a copy of portions of an email memo I received. This doesn't quite smell right. Your thoughts? "For...
COMMENT(1): In your reply to the person who sent you the "questionbable claims", You should have been more blunt and said that some of the assertions were B.S....
QUERY: Though you speak favorably of offshore variable annutities, aren't there substantial commisions accompanying these financial instruments? - in...
The Jacobs Report is a moderated list that is open to the public. It is basically an announcement/newsletter type of list. I have found in the past that...
Reminder from the Calendar of JacobsReport http://groups.yahoo.com/group/JacobsReport/cal Escape to New Zealand Symposium Wednesday December 6, 2006 All Day ...
JacobsReport@yahoogro...
Dec 6, 2006 5:57 am
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One of the most common motivations for those who venture offshore is the belief that they can avoid or defer U.S. income taxes with a foreign bank account, a...
QUESTION # 1 - I have a book entitled "Tax Havens of the World" written by Thomas Azzara. The book was published in 1993. It states "with proper planning a...
COMMENT: The information about your book on how to legally save taxes seems to be full of a lot of technical hair-splitting stuff that takes a lot of time and...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Dec. 31st - Final Est. State Tax Sunday December 31, 2006 All Day (This...
