Originally posted by FlipFlopDuPop
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I know some people who work through these management companies and the usual MO is that the billing is split into money that is declared locally as salary and money that is paid into an offshore account for the benefit of the consultant. This latter money is theoretically not to be touched until you leave the country (but various contrivances are used so that it can be - which is why the schemes fail).
This splitting is done by the management company staff and the local accountant is only informed of the former amount. I don't see any way that the local accountant can be implicated in any dishonest actions by the consultant/management Co in not declaring these funds.
tim
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