Bob I don't see why you couldn't accomplish the same thing with multiple LLCs in the US with different trustees and US brokers. Just incorporate in states like Nevada or Wyoming and you're fine. And it's cheaper than running a IBC.
The rules of trading would be the same for a US LLC or any US corporation as it is for a US citizen because of the US residency. The reason to go off shore is to get away from the restrictions put on US traders/citizens.
A second reason is to restructure your taxes. A US LLC would have to pay taxes according to the tax laws of the US which is the only country in the world that taxes its citizens on income from outside the country. An offshore corp. would have to pay taxes to the country where it is set up but only from income generated in that country.
This is only a restructuring of your holdings not a tax dodge because the moment you try to pass any of the corporate holdings on to a US citizen next of kin, the profit of ownership is taxed. Plus any money that the corp pays you is taxable income.
A third reason is liability. There are so many frivolous lawsuits in this country, it is an industry unto itself. If you are a doctor driving a nice car, there are victims just looking for you and your money. If you don't own anything, the courts can't take it off of you. If your corporation is offshore, a US court would have no jurisdiction over it, not exactly sue proof but lets say a sue retardant.
The forth reason is because it makes you feel important, a man of the world. Travel to exotic places on business. Have a corporate expense account, great for picking up chicks.
So there are three reasons to go offshore, I just made up the forth one. No one would ever flash their corporate gold card to attract women.
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