Offshore tax evasion is crime in several onshore countries and includes jail time so it should be avoided. On the additional hand, offshore tax planning is Not really a huge crime. The Citizens of u . s . must pay taxes their very own world wide earnings. It is a simple statement, but also an accurate one. Require pay federal government a amount of whatever you've made. Now, you are able to try in order to the amount through tax credits, deductions and rebates to your hearts content, but ...