Most of us are used to browse the internet for the best advisers in the offshore industry and for the latest developments in tax planning in well regarded jurisdictions. I would advise most of you to perform those regular checks as the fight against tax evasion and money laundering is toughening in the wake of the attack of September 11th. This is a requirement if you have been caught up in what I could only term the Limited Liability Company Scam. Some may wonder what it may be about so let me explain in simple words the complexitiy of the US Tax administration.
A Limited Liability Company, for short LL.C, is an hybrid type of company that was offered initially in few States but is now spread across all America. Many US agents offer to incorporate such typ of company in a very short period of time (approximately 2 days up to a week) at very low price. The most sought after were the Delaware LL.Cs, Nevada‘s, Wyoming‘s..etc.