Jacobs Report
on International Financial and Tax Planning
The Jacobs Report is a free email newsletter that answers questions from subscribers, customers and prospective customers of Offshore Press -- on a time available basis. This is not a real-time discussion forum.

We will not provide personal advice on financial, legal, investment or tax matters. If you need advice or help on how you or your business should respond to various investment, tax or asset protection concerns, you should seek help from a qualified professional.  However, we will explain how we believe the IRS would treat a particular type of international transaction, investment or business -- which is no guarantee as to how they would in fact deal with the stipulated facts or circumstances. We will not respond to questions about the reputation or integrity of specific companies or individuals in the offshore industry. Information in the Jacobs Report is educational in nature or deals with our analysis of various tax or asset protection laws but not how those laws apply to any specific person or company.
These reports can not be used as support to avoid potential penalties. New memos similar to the ones below can be received via email by subscribing to the Jacobs Report.

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Here are some of the subjects that have been discussed in The JacobsReport.


Tax on Foreign Variable Annuities

Follow Up # 3 re: Direct/Indirect Ownership of Panama Realty

Tax Breaks for Working Offshore After Age 65

Tax on Offshore Investment Club Gains

Follow up # 2 re Direct/Indirect Ownership of Panama Realty

Excise Tax on Swiss Annuity

Follow Up Re: Direct Or Indirect Ownership Of Panama Realty

Direct Land Holding Vs. Pamama Company Ownership

Forms Required for Foreign Trust and Other Entities

GAAP Conversion for Partnership Income of A CFC

Offshore Self-Directed 401k

Regulations for Investment Advisors

Retirement Plan with a Foreign Trust

The Offshore Privacy Paradox

Follow Up re: Tax on U.S. LLC Owned by Canadians

Tax on U.S. LLC Owned by Canadians

Follow Up re: Acting as Agent for Offshore Trust

Acting as Agent for Offshore Trust

Using Offshore Trust to Hide Income

Follow up re: 401(k) plus foreign earnings exclusion

401(k) deduction plus foreign earnings exclusion

Correction on 2008 Capital Gains Rate

Tax on Currency Investments

New Preparer Penalties and Disclosure Rules

CFC tax on fees and commissions for selling securities

Offshore APT vs. Offshore LLC

What do you think about Federal Contract Trusts?

Foreign LLC reporting procedures

Filing obligations for Panama Corp and Private Foundation

Tax Traps for Branch in Switzerland

Guide to Compliance for U.S. Partners in a Foreign Partnership

Why Using an IRA to Invest in a PFIC Can Make Sense

Using an IRA to Invest in PFICs

Buying a PFIC with an IRA

Late Filing Penalties on Form 5471

Citation for Colorado Annuity Protection

Judgment Against Assets Donated to a Museum

Foreign Owned U.S. Corporations

India Mutual Funds

Best Foreign Structure for Investment Entity

Control over Foreign Trustee

Tax Tips for Copyright Owners

Setting Up a Foreign Irrevocable Trust 

Too Close for Comfort: Reflections on Preparing Foreign Returns

How to Avoid Taxes

Foreign Corporation Owned by a U.S. LLC

Choosing an Offshore Entity

Tax on Gain from High Yield Investment Program

Top Five Reasons to Own a Foreign Corporation

Form 1041 for Foreign Trusts

Passive Foreign Investment Company Tax

Wiring Funds Offshore

Tax Disclaimers

Can I Legally Save Taxes with a Panama Foundation?

Day Trading Offshore

Fill In the Forms Instructions

Foreign Mutual Funds (PFIC)

Late Filing of FBAR and Related Questions

Problem with Form 720
Swiss Variable Annuity
Foreign Corporation Owned by U.S. Pension Plan
Street Address and Due Date for the FBAR Report
Fed Ex to Treasury Dept. P.O. Box
U.S. Tax on Interest Paid to a Nonresident Alien
Foreign Financial Account Report Due June 30th
Social Security and Medicare Benefits for Expatriates
Offshore Variable Annuities and Passive Foreign Investment Companies
Re-domicile U.S. Realty Holding Company to a Tax Haven
U.S. LLC owned by a CFC
Currency Gain on the Sale of a Foreign Residence
Tax Avoidance with Foreign Service Corporation
Best Books on Asset Protection
Timing of U.S. tax on Income Earned Overseas
Filing Requirements for a Dormant Foreign Corporation or Trust
Conversion of Controlled Foreign Corporation to a Disregarded Entity
Definition of Passive Income for a CFC
Tax Haven Non-Sense and Deception
Unreported Income from Foreign Financial Accounts
Certified Mail Tip for Tax Filing Extensions
U.S. Tax Treatment of Investments in Foreign Stocks and Bonds
U.S. Withholding on Payments to a Foreign National
U.S. Tax On Distributions from a Foreign Trust
Eligible Entities to Elect Out of Corporate Tax Status
Panama S.A. Owning Real Estate
Form 5471 and/or Form 1120-F

What Is The Authority For Tax Deferred Variable Annuity?

Economic Growth and Tax Relief Reconciliation Act of 2001
Tips for Offshore Investors
Due Diligence for Offshore Investors -- a Free Report
Should You Support the Liberty Amendment?

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