Cash On The Blog

There are a variety of countries with low taxes, including little known places such as Lubuan, Aruba, Barbados and Malta. There are also quite a few well known places, such as Switzerland and Costa Rica, which are renowned for their low trading taxes for companies wanting to import, export, and do off shore business. The [...]

1. IRC § 7201: Acts to Evade or Defeat Collection of Tax “It is a crime to evade or defeat any tax” (it is a felony to willfully attempt in any manner to evade or defeat the collection of a federal tax). 2. IRC § 7206: False Statements/Aid or Assist “It is a crime to [...]