So.. say that some of our websites started to gain high amounts of revenue. Could anyone please offer advice on the best tax haven to run a website?
this is for reserach... i wish i made enough money to pay taxes
so far i heard that luxemburg is good necasue it doesnt tax intellectual property income.. which i think a website can be classified as.
florida is also good because no state tax, and only 5.5% corperate tax
https://en.wikipedia.org/wiki/Double_Irish_arrangement
No idea if you can apply this to small companies...
To answer your question: Here's a book about creating a solid, safe investment portfolio. You'll have to tweak it for an American investment strategy, but not by much. The author encourages Canadians to buy stock in US companies.
http://www.amazon.ca/Stop-Buying-Mutual-Funds-Investing/dp/047164613X
Edit: For website owners? I have no clue. ^ That book is just a generic guide for the middle class working stiff who wants to pay less tax and save for a nice retirement. Idk if gvts. give tax breaks to website owners. Maybe look into the tax laws where you are and weigh up the pros and cons of incorporating. There are also tax breaks for smaller businesses with employees on their payroll.