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[cryptohunter]

US residents can potentially achieve zero tax on dividends from offshore by structuring their investments and offshore companies in a tax-efficient manner. Some common strategies include:

1. Setting up an offshore holding company: This involves incorporating a foreign company in a tax-friendly jurisdiction and using it to hold investments in other companies. Dividends paid by the foreign subsidiary companies to the holding company can be taxed at a lower rate or not at all in the jurisdiction where the holding company is incorporated, reducing the overall tax liability on the dividends.
2. Utilizing tax treaties: The US has tax treaties with many countries that can reduce or eliminate the tax liability on dividends paid to US residents by foreign companies.
3. Qualifying for foreign earned income exclusion: US residents who live and work abroad for at least 330 days during a 12-month period can exclude up to $107,600 (for 2022) of their foreign earned income from US taxation, including dividends from offshore companies.
4. Taking advantage of tax incentives: Some countries offer tax incentives for foreign investors, including tax holidays, lower tax rates, and exemptions from certain taxes. By investing in these countries, US residents may be able to reduce their tax liability on dividends.

 

[Professional Writer]

I think that there are many days you can achieve relief when it comes to taxes. First of all, we must understand that you should be eligible to get tax relief if you fall ud er certain kinds of categories. You can try to talk to your tax lawyer who can help you in many different ways. You night be eligible to get tax relief if you are a part of charity organisation that tends to offer donations to help poor and needy. The government also offers amnesty scheme for such kind of businessmen as well.