cryptohunter
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An e-commerce company can potentially defer taxes by incorporating offshore, but this depends on the specific laws and regulations of the offshore jurisdiction and the country where the company generates its income. In some cases, incorporating in a tax-friendly jurisdiction can allow a company to reduce its tax liability and defer the payment of taxes on its overseas profits.
However, it is important to keep in mind that tax deferral through offshore incorporation is not a guarantee and may raise red flags with tax authorities in the country where the company operates. Some countries have laws in place to prevent tax avoidance through offshore incorporation and may require companies to pay taxes on their worldwide income, regardless of where it is earned.
However, it is important to keep in mind that tax deferral through offshore incorporation is not a guarantee and may raise red flags with tax authorities in the country where the company operates. Some countries have laws in place to prevent tax avoidance through offshore incorporation and may require companies to pay taxes on their worldwide income, regardless of where it is earned.
