S Sumatra Registered User Messages 581 20 May 2009 #1 Hi, I have a brother working in Qatar (resident, pays tax there) and he has been told to set up an offshore bank account. Thanks in advance for any direction or banking recommendations.
Hi, I have a brother working in Qatar (resident, pays tax there) and he has been told to set up an offshore bank account. Thanks in advance for any direction or banking recommendations.
M Mommah Registered User Messages 591 20 May 2009 #2 I used to work in Saudi Arabia and thought the same. I opened an account in the Channel Islands (AIB) no problem through my own bank here. However it turned out my foreign income was not liable to tax if I sent it home to Ireland. So I did. Recently got a nosy letter about the never-used off shore account from the Revenue too.
I used to work in Saudi Arabia and thought the same. I opened an account in the Channel Islands (AIB) no problem through my own bank here. However it turned out my foreign income was not liable to tax if I sent it home to Ireland. So I did. Recently got a nosy letter about the never-used off shore account from the Revenue too.
M mathepac Registered User Messages 8,260 20 May 2009 #3 Mommah said: ... Recently got a nosy letter ... from the Revenue too. Click to expand... Surely you mean "concerned letter" Mommah? X 2
Mommah said: ... Recently got a nosy letter ... from the Revenue too. Click to expand... Surely you mean "concerned letter" Mommah? X 2