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by jayalpha
2724 days ago
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They don't have a lot of income. Their companies have.
The companies can be hold, to some degree, in offshore jurisdictions, by trust funds or low tax countries (Liechtentein, Andorra, Isle of man etc.). Many countries have some kind of exemption for specific taxes. E.g. tax all your IP royalties in a Luxembourg company with 5%. Lawyers at Deloitte and other companies working 24/7 to find such loopholes and find solutions for their clients. |
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