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Old 01-21-2008, 12:02 PM
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id62000 id62000 is offline
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Join Date: Dec 2007
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Quote:
Originally Posted by ajacx View Post
What do you mean by saying that a bit of money goes to other country? Is it some kind of fee ? or something that compulsory?
If you read the thread, you'll see that OffShore banks have to pay THEIR tax to the country they're incorporated to. So, your country gets no money, but some other country gets it. It's not a fee. It's tax. Yes, it's compulsary.
I think this is just yet another way to run away from paying tax.
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