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U.S. Citizen, offshore corporation

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dandate

Junior Member
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!
 



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