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Tax Engineering

How to transfer money to offshore account?


Question

How can I transfer money from my bank account in Argentina to an offshore account without being detected by the tax agency of my country?

Answer

Transferring money to an offshore bank account is completely legal and you do not have to be afraid when transferring your money. The problem arises when the person who wants to transfer the money to his account did not declare this funds to his tax authorities. We recommend that you declare your bank account to your tax authorities and then through double tax treaties reduce the taxes that you have to pay in your country of residence.



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