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Version du 31 octobre 2024 à 17:44
Offshore tax evasion is crime in several onshore countries and includes jail time so it in order to avoided. On the opposite hand, offshore tax planning is Not really a crime.
Remember, a personal exemption of $3650 isn't deducted on tax but on your taxable income. Say for example your filing status is 'married filing jointly' with original taxable income of $100,000. This will make you under the marginal tax rate of 25%. Therefore the money you save on personal exemption is $912.50 (calculation is simple: $3650 multiplied by 25%). For appreciate spouse, which is multiplied by two which means you save $1825.
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