Difference between revisions of "Offshore Business - Pay Low Tax"

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Revision as of 11:54, 2 August 2025


Note: Mcdougal is not really CPA or tax technician. This article is for general information purposes, and should not be construed as tax good advice. Readers are strongly motivated to consult their tax professional regarding their personal tax situation.

What it is as your 'income' tax has two tax brackets each having its own tax rate from 10% to 35% (2009). These rates are used for your taxable income which is income a lot more your 'tax free' salaries.

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Example: Mary, an American citizen, is single and lives in Bermuda. She earns an income of $450,000. Part of Mary's income will be subject to U.S. tax at the 39.6% tax rate.

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