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So small groups of individuals can take advantage of this given they are international enough?
by sooheon 6y ago
So small groups of individuals can take advantage of this given they are international enough?
- bobthepanda 6y agoPresumably, people who are international enough aren't being taxed by the US in the first place.
- sooheon 6y agoBut who would have their own government taxes to dodge.
- gnicholas 6y agoMany countries do not tax their residents on a worldwide basis. So if a person from Country X earns money in Country Y, they are simply not taxed on it in Country X. They don't need to set up a complicated foreign corporate structure to avoid immediate taxation, as US residents do.