U.S. corporations reported more foreign income in Bermuda than in any other sovereign nation in the Americas in 2016, despite having only 384 total employees located there, according to data recently released by IRS.
This may be one good indicator if you are a US entrepreneur located abroad where to locate your foreign corporation for best foreign tax breaks, etc. Check Bermuda taxes out here.
Have questions on your US taxes, forms or planning for a foreign corporation you own, email us at taxmeless@gmail.con
Have questions on your US taxes, forms or planning for a foreign corporation you own, email us at taxmeless@gmail.con
