No, I'm not American, but yes, I do mean "outside of America." I basically run a sportsbetting portal, and although we don't take bets ourselves, we provide advertising to those who do. Plus there are affiliate schemes involved so in legal terms this could make us part of the picture if push came to shove. The UK would be ideal in terms of a web host, as long as the pricing is comparable to Rackshack. I don't need all 700GB/mth though, 100GB would be just fine for now.
On a side note, does anyone know what kind of legal issues revolve around hosting in a particular country? What happens if a company from country "A" runs a web site, makes advertising revenue, etc., and decides to rent a server abroad in country "B"? Can the tax people in country "B" step in and state, "you must pay your taxes here because your server is physically located here." ??
Is renting a server or web space in a particular country equivalent or running a business in THAT country?