What is the name of your state (only U.S. law)? California & The Bahamas
I own a sole proprietorship in California, and am shareholder/primary director of a corporation in the Bahamas.
Q: Is the offshore corporation allowed to invoice my sole proprietorship?
Q: If the offshore corporation purchases me non-cash gifts (stocks, bonds, gold), am I required to report this to the IRS?
Q: If I open a bank account for the offshore corporation in the U.S. and obtain an EIN to do so, is the corporation required to file annually and/or pay any taxes at all?
Thanks!
I own a sole proprietorship in California, and am shareholder/primary director of a corporation in the Bahamas.
Q: Is the offshore corporation allowed to invoice my sole proprietorship?
Q: If the offshore corporation purchases me non-cash gifts (stocks, bonds, gold), am I required to report this to the IRS?
Q: If I open a bank account for the offshore corporation in the U.S. and obtain an EIN to do so, is the corporation required to file annually and/or pay any taxes at all?
Thanks!