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Old 06-27-2013, 08:54 AM
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I make oil I make oil is offline
Red Snapper
 
Join Date: Aug 2010
Location: Berwick LA
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There are many other tax situations. It depends on the company you work for. Myself, I work for a foreign company (Swiss/Chinese in Nigeria) they pay all my foreign tax and give me a receipt. My foreign taxes wipes my US tax. Then since I work in a foreign country for a foreign company I'm not required to pay social security. NObama gets nothing from me. (I do have to pay state taxes in LA because they do not allow a foreign tax credit)

All of my money is wired to a Swiss account by my company which I then wire to my US accounts. There are no US tax documents filed by my company as they are not required to. I submit all documents for my taxes via my accountant (who I'd be willing to share) who submits a created W2 for knonk Sam. I show all my income and everything is entirely legal. I do pay taxes on my income from the US(investments, rentals etc). I've worked this same way all I've the world. So there are ways around things
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