From: O'Regan, Emlyn (Emlyn.ORegan@actew.com.au)
Date: Wed Jul 14 1999 - 23:47:50 MDT
The Baileys wrote:
> I hate to rain on your plan but U.S. taxpayers (if that is what you are)
> are
> taxed on their worldwide income. Moving servers, intangibles, and even
> business offshore only makes sense if your repatriation is nil or you're
> avoiding nexus issues.
>
Don't you have to earn actual money (rather than e-bucks) before tax comes
into the picture? I'd love to see a prolonged diatribe from an expert on
this (self proclaimed experts welcome).
Emlyn
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