Offshore tax evasion is crime in several onshore countries and includes jail time so it always be avoided. On one other hand, offshore tax planning is Not really a huge crime. There are 5 rules put forward by the bankruptcy signal. If the taxes owed of the bankruptcy filed person satisfies these 5 rules then only his petition end up being approved. The first rule is regarding the due date for taxes filing. Can be should be at least few years ago. As well as rule may be the return must be ...