4 ms·
He's probably one of their 5 richest citizens at this point. Why would they not seize the opportunity to increase their tax base?
by Steeeve 9y ago
He's probably one of their 5 richest citizens at this point. Why would they not seize the opportunity to increase their tax base?
- pavlov 9y agoMost likely he doesn't pay personal taxes to NZ. If he still retains his American citizenship, the IRS expects him to file there.
- Steeeve 9y agoThere's a wider view of things than just personal taxes.
- matt4077 9y agoIf he spends the plurality of days of a year in NZ, he will pay taxes there, and those are deducted from his US tax return (which usually means no US taxes, considering most countries' taxes are higher than the US'). Granted that's assuming he actually has any meaningful personal taxable income, which is somewhat doubtful.