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by fjdjsmsm
2089 days ago
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The article lists several examples of things that go beyond avoidance. He paid millions in mysterious ‘consulting’ fees that appear to have gone to his kids, despite them being employees. He declared that he had no financial benefit in a business he walked away from despite still owning 5 percent of it. ... |
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My Dad has a business, and pays me a consultancy fee. I pay consultancy fees to my wife.
None of this is unusual for a family business.