Escape taxes? Why is this possible.

[Botten]

Now you too can be like the Rich and pay no taxes! (https://relocatepuertorico.com/understanding-the-bona-fide-residency-requirement-for-act-60-tax-incentives/)

How you say?

Simple setup a zip code here: https://www.usps.com/manage/po-boxes.htm
List of PR zipcode for PO boxes
00631
00613
00614

Can your Tax home be setup in PR with only a PO box??
Yes!
https://amynorthardcpa.com/does-irs-allow-a-po-box-address/

Next to prove presence simple take a plane to PR and a boat back.
Remember to take a boat back in about 183 day later to then fly back.

Next you can't earn more than $3000 from the US. This can be managed using the usual escape method via Crypto. (https://www.dexerto.com/entertainment/logan-paul-reveals-hes-starting-his-own-crypto-project-cryptozoo-1635908/) Paul Logan is a perfect example of this case. Paul has received earning in the US in 2021, he competed on the fifth season of The Masked Singer as "Grandpa Monster". He was unmasked after his second appearance where one of his clues was a foreshadowing of his boxing match against Floyd Mayweather Jr.

Paul has been a resident of Dorado, Puerto Rico moving from Los Angeles. He stated that the high taxes in California were the main motivator for the move.

Downside you will responsible for the flight and boat costs. You will be responsible for the cost and paperwork. Cypto exchange costs and if you take too much out in crypto could be an issue.

[Jibartik]

Because both sides of the coin have heads on it.

https://i.imgur.com/uL2QgZf.gif

[Tunabros]

p99 player hints at participating in tax evasion

[Whale biologist]

Something something competitive tax code.

Pass the global minimum!!

[Jibartik]

Trump? Writes off hair cut.

Working class? PAY TAXES OR DIE!

[Castle2.0]

Noted. Very interesting.

[Castle2.0]

No idea what the original post was but here's some free advice:

Marry a non-American. All assets and international income in their name on paper.

Easy.

[Gustoo]

Marry.....
Easy.

That applies to gen pop.

[Jibartik]

https://i.imgur.com/AHMEDWk.gif

[Tunabros]

im on castle 2.0's ignore list

kek

[cd288]

And when you inevitably leave a paper trail during your time that you’re living in the US but pretending to live in PR, you’ll go to jail

[cd288]

No idea what the original post was but here's some free advice:

Marry a non-American. All assets and international income in their name on paper.

Easy.

And when you get divorced that’s gonna be really hard for you to get back lol

[Castle2.0]

And when you get divorced that’s gonna be really hard for you to get back lol

Sorry the D word is in your vocab. It's not in ours. If you don't trust your spouse, you shouldn't have married them ;)

But you make a good point to be in crypto. He who holds the private keys, owns the crypto.

If you have real money and don't have a spouse from another country, then go do economic citizenship down in St Kitts and Nevis or Dominica and renounce your US citizenship.

Buy real estate, dump cash into the country, whatever floats your pirate ship.

https://www.cbiu.gov.dm/investment-options/real-estate/
https://www.cbiu.gov.dm/investment-options/economic-diversification-fund/

Facebook founder did it.

To everyone else, just keep dumping 20-45% of your income every year into wasteful programs via taxation. You'll be rich in no time!

[cd288]

Or just make enough money that taxes barely put a dent in it overall, then you don’t need to worry about concocting schemes to penny pinch

[Jibartik]

said the mason to the mason when they designed America..

[Tunabros]

Sorry the D word is in your vocab. It's not in ours. If you don't trust your spouse, you shouldn't have married them ;)



autism alert

[Castle2.0]

Or just make enough money that taxes barely put a dent in it overall, then you don’t need to worry about concocting schemes to penny pinch

Exactly. Just like the rich who are so wealthy that they use no tax strategies to reduce their tax liability. In fact, paying whatever their default taxes were to Uncle Sam was their pathway to wealth.

Seedy must be a rich man.

Or maybe not, because 5-50% of his income is "pennies"

[Jibartik]

Oh I thought he meant get a like professional educators salary of around 30k a year and live in a trash pile and not really pay taxes.

You know, America.