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People who like Modi, are you okay with your country’s leader using words like “infiltrators” for a community?
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Be a wh0re
I bought a property in Taiwan a decade ago and it is worth 300-600k USD now. Is there some "legal" way to bring in the money incrementally to not get taxed too much? I work at IBM so TC is peanuts
Wont you pay applicable tax on selling in taiwan? is your question on bringing that money in US without reporting?
Money mules will do it for a fee.
Look up Tax Repatriation. But you have to be a gigantic corporation to be eligible. You don’t contribute enough to political campaigns for them to care about you.
dont bring it. this is the easiest
It's still tax evasion if it's sheltered outside the US and if OP is a US citizen - all income and financial accounts must be disclosed
This is true^
Are you a US Citizen? If so you're fucked because any income earned outside the US is still taxable. Your bank in Tawain is also supposed to be reporting what you have in your account as well. Now say you're an expat, then you don't owe anything to the US. I don't think there's a legal way. The closest thing might be qualifying for Act 60 in Puerto Rico, there's a 0% capital gains tax. Talking to a tax person is gonna be your best bet.
Expat meaning visa (H1B etc) holders? Arent they taxed like citizens while they are on H1B?
Well if he has a passport from another country, and not an American one, he could just do banking outside the US and not worry about reporting that to the IRS. I don't think foreigners are subject to US taxes outside the country like citizens are. I might be wrong but that would be odd to enforce.
I dont think OP has sold yet.
not yet sold, but I know value has appreciated to the specified ballpark
If you gift it to your parents, then they could gift the proceedings to you at $15k/year tax free. Your parents may have to pay tax on it depending on their tax resident country.
There are ways to do it but the movement of large sums of money would trigger several alarms and likely get you in big trouble.
Find somebody who’s trying to move money from US to Taiwan.
Yeah totally. Just Google tax evasion and along with this post the feds won't have any evidence against you. Seriously. The only legal way is to pay your taxes. Ask a tax attorney for the most tax advantageous method.