boroboro
Member
I didn't pay any income taxes for several years, the highest earning years of my life so far.
How? Move overseas. Income earned overseas isn't taxed by the IRS, up to $70k or so annually. Over that $70k I just shuffled it through some overseas corporations we set up. Met the letter of the law, if not the spirit.
Now, that's a USA-based story, but IIRC there were similar possibilities for expats from England, Australia, and New Zealand. Maybe not all of those, don't remember which...
How? Move overseas. Income earned overseas isn't taxed by the IRS, up to $70k or so annually. Over that $70k I just shuffled it through some overseas corporations we set up. Met the letter of the law, if not the spirit.
Now, that's a USA-based story, but IIRC there were similar possibilities for expats from England, Australia, and New Zealand. Maybe not all of those, don't remember which...