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  #11  
Old 06-11-2005, 06:30 PM
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Join Date: Oct 2005
Posts: 441
jaetee will become famous soon enoughjaetee will become famous soon enough
Even if your housing is in companies name it is still considered compensation by the US govt and you could be taxed for the fair market value of the housing.
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  #12  
Old 06-11-2005, 07:30 PM
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Join Date: Feb 2004
Location: Sheung Wan
Posts: 26
Simatai is on a distinguished road
Just get a US tax accountant, that is the most important thing, as they can find the loopholes and work out the paperwork for you. I made under 80K and got tax exemption from US, paid 10-12% tax for HK IRD since I was paid in HK dollars. Definitely open up a HK bank account, your money won't get tracked, and with a good accountant it may be easy to get past the 330 day thing. I spent well under 330 days in HK, and it wasn't an issue.

HK Tax is so low, and the public services quite good, so I think it's worth it to pay...at least the tax dollars aren't going towards bombing other countries...
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  #13  
Old 07-11-2005, 03:18 PM
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Join Date: Jun 2005
Location: Park Island
Age: 29
Posts: 808
BenderBends can only hope to improve
yeah...im meeting with us-asia tax next week...

i plan to not pay us taxes, and have pay from HK office, into HK bank.....should be fun
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