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Sounds like a good strategy. If I had so much money I would hire some of the smartest people in the world to save my taxes whatever way possible as long as the
by tn13 13y ago
Sounds like a good strategy. If I had so much money I would hire some of the smartest people in the world to save my taxes whatever way possible as long as the government (read as legal extortion gang) cant put me behind bars for it.
- gamblor956 13y agoTax shelters are very tricky. Unlike most other crimes, it's possible to be convicted of tax fraud even if the tax shelter was legal (or at least not illegal) at the time the shelter was put into place. This is generally because many tax provisions look to the facts-and-circumstances of a transaction or an item of income rather than to the strict letter of the regulations.