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No. They aren't going against the law, they're finding creative ways to obey it. I hereby announce my intent to pay as little taxes as legally possible.
by __david__ 11y ago
No. They aren't going against the law, they're finding creative ways to obey it.
I hereby announce my intent to pay as little taxes as legally possible.
- gcb0 11y agobut if you say how you plan to do something to evade the spirit of the law, that is pretty much a crime. people got their assets taken by the IRS by moving to another country and giving up citizenship when it was proved they did that with the intent to not pay taxes.
- jotm 11y agoBut if you don't say it and just do it, you get away with billions ¯\_(ツ)_/¯
- georgerobinson 11y agoWait wait wait.. what!? How can it be illegal to say "I don't like paying your tax rate, so I'm leaving your country and move to another country with lower tax rates. Here is my citizenship."
- gcb0 11y agowell, IANAL, but it is. there is the famous story of the founder of one of the big french game studios. forgot which now now. but i'm confident you can search. the gist is that he got his series A or B, on a french bank, frozen because the US IRS told them to, because he gave up his green card (not even a full citizenship yet!) to go back to his home france and start a company there.
- rosser 11y agoBecause US tax law specifically says you're subject to it for up to 10 years after renouncing your US citizenship. That's not merely intent to violate the "spirit" of the law; that's violating the letter of the law.