DOES NEVADA OR OFFSHORE JURISDICTIONS EXCHANGE ANY INFORMATION WITH THE IRS OR U.S. AGENCIES?
Nevada in the past has demonstrated reluctance to exchange information with the IRS, and as a non-state tax state, is not generally required to. However, this is handled on a case by case basis and NV is in no way any kind of tax haven, nor should you set up a NV entity with any false belief that you can somehow frustrate IRS collection efforts, as that is not possible in any state. Most states share information freely with the IRS because the IRS then supplies pertinent tax information to them as well. Nevada has no state taxes, therefore it has no incentive to cooperate with the IRS. No one in the US has jurisdiction over an entity formed offshore, however if you are a beneficial owner or signatory on an offshore account, there are income reporting requirements. Offshore jurisdictions have strict legislation in place to prevent sharing of information about corporate owners except in cases of serious felony convictions or drug running. No offshore corporation or offshore trust is for
