Hey, over the last 3 months i have built an online business that gets me anywhere from 500 to 5000$ per day.
My problem is I found out that success is punished with severe taxation, I currently live in Portugal and not even the headmaster of the IRS can classify my business in the chart so we can better understand what taxes am I supposed to pay. I am a media buyer, I buy adspace and I promote products from weight loss to anti virus and I get paid per action or actual sale.
I work with companies that aggregate these offers(products) in a way that I interact with the "aggregate" company aka cpa network or affiliate network so that I don't have to connect with the product owner.
(During the sign up process I had to fills w8 form and send it to the affiliate network) They send me a 5-25k weekly check as payment, and that's the end of it, I have tried to hire over 6 accountants and even contacted the headmaster of the finances about this activity and None know about it or can classify it from a taxation point of view.
My goal and need: I would like know how we can take care of the money that is already in my Portuguese bank account which is where I've been receiving the payments, And more importantly how can we go about setup an offshore company and an offshore bank account and get done with this nonsense of criminal taxation, this is why I am contacting you I WILL pay and tip for your knowledge. Please write down a nice detailed plan to solve this challenge and do take into consideration that I am more than willing to renounce my citizenship and take any measures necessary. Including changing the plan above since you are the expert in this field.
*Since there are several companies that offer offshore company creation services with Bank accounts, if you have any advice on which to go for please do let me know.*
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