March 18, 2008 at 5:15 pm
#763570
Member
wow… 42% tax rate…
why not set up a personal bank account (HSBC) in Hong Kong, no tax is needed, or if you have large amount $, you may set up a limited company (if your profit is very very high) , with the tax rate is only 15%. You can withdraw cash at your own countries by ATM. so u may skip the 40% tax…
some people may against my idea… but if you feel uncomfortable, you may put some % of your profit to your local charity.
this is my thought.