Asked by Petercanada, Gilbert, AZ • Thu Jan 13, 2011
incorporat I want to set up a US corporation to own the property I hope to buy so I can avoid the IRS 30% withholding tax on gross income they impose on non us property owners. Instead corporation would be subject to 15% corporate income taxes and state taxes on net income. Can you recommend a person or company that specializes in setting up these entities for Canadians looking to invest in an Arizona income property. I would like this corporation to be held by a holding company in Panama or other tax havan to avoid Canadian taxes as well.
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