Quote:
Originally Posted by Papa_Complex
If you put $1,000,000.00 in an offshore account, then it's immediately worth $380,000.00 more than a million dollars that you kept in the US.
|
Not sure how you're coming up with that.
Unless his employer paid him under the table, that $1,000,000 is after-tax money. It isn't going to be taxed again. Only the
return he makes on it will be taxed.