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The article does not mention why, but considering that cypress has an extradition treaty with the States of America, It’s likely for tax reasons as all rich peo
by ajay-b 6y ago
The article does not mention why, but considering that cypress has an extradition treaty with the States of America, It’s likely for tax reasons as all rich people do
- hankchinaski 6y agohe would have to renounce his US passport/citizenship tho
- TechBro8615 6y agoNo he wouldn’t. Cyprus allows dual citizenship. Edit: Oh, I see, you’re responding to GP about tax advantages. Yes, as a US citizen he will still owe US tax on worldwide income. Doesn’t mean there aren’t a bunch of loopholes around unrealized gains though.