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What I’ve never understood- what prevents me from, as a remorlte worker setting up a business in a tax haven and charging through that... I mean if this loophol
by andy_ppp 8y ago
What I’ve never understood- what prevents me from, as a remorlte worker setting up a business in a tax haven and charging through that... I mean if this loophole is available to extremely well off individuals and companies why not for services...
- charlesdm 8y agoCFC laws, which is something most developed countries have. These will in most cases "look through" artificial companies set up in tax havens and attribute the income to you personally.
- lifeformed 8y agoI think they usually tax by where you do business (which is usually where you live, for remote work), not where it's incorporated.
- deleted 8y ago[deleted]
- wtfstatists 8y ago> I mean if this loophole is available to extremely well off individuals and companies why not for services... No you have to move at the very least. https://www.dailymail.co.uk/news/article-6363371/Wall-Street-billionaire-Puerto-Rico-avoid-taxes.html https://www.dailymail.co.uk/news/article-6363371/Wall-Street... https://www.capitalism.com/taxes-in-puerto-rico/ https://www.capitalism.com/taxes-in-puerto-rico/