15 Ways Rich People Avoid Paying Taxes
This is how rich people avoid taxes, legally.
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00:00 - Intro
00:45 - Invest all of it
01:23 - Everything you use is owned by a business
02:20 - Move somewhere with little or no tax
03:36 - Send it overseas
04:10 - Charitable donations
05:00 - Instead of a salary they take equity
06:56 - Buying art
08:37 - Multiple nationalities with no fixed residence
09:42 - Gift money away
10:37 - Hold it in privacy coins
12:06 - You have no money but you have assets you can borrow against
13:08 - Filing for bankruptcy
14:46 - Claim your yacht as your second home
15:36 - Using a trust to avoid paying estate tax
17:18 - Depreciating assets on paper to outweigh the cash income
Tools:
Protect yourself online with NordVPN: https://www.nordvpn.com/alux
Get a free audiobook when you sign up: https://www.alux.com/freebook
Start an online store today: https://www.alux.com/sell
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Get Rich Playlist: https://www.youtube.com/playlist?list=PLP35LyTOQVIsxb5Mf-Pr1xHJMZPtdIX8q
Take Action Playlist: https://www.youtube.com/playlist?list=PLP35LyTOQVIuhLj_V6ThqHhVN52kozybm
All Sunday Motivational Videos: https://www.youtube.com/playlist?list=PLP35LyTOQVItYEFKYW1WdjcHFuXt0s5h-
Book Club: https://www.youtube.com/playlist?list=PLP35LyTOQVIvGYVKBE8qEwmP-S_Z7i0lL
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Social Media:
https://www.instagram.com/alux/
https://www.facebook.com/alux
https://www.twitter.com/aluxcom
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Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content!
Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today!
SUBSCRIBE so you never miss another video: https://goo.gl/KPRQT8
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To see how rich is your favorite celebrity go to: https://www.alux.com/networth/
--
For businesses inquiries we're available at:
https://www.alux.com/contact/
The #1 App Rich People Use To Optimize Their Lives!
Start a 7-day free trial today: https://www.alux.com/app
00:00 - Intro
00:45 - Invest all of it
01:23 - Everything you use is owned by a business
02:20 - Move somewhere with little or no tax
03:36 - Send it overseas
04:10 - Charitable donations
05:00 - Instead of a salary they take equity
06:56 - Buying art
08:37 - Multiple nationalities with no fixed residence
09:42 - Gift money away
10:37 - Hold it in privacy coins
12:06 - You have no money but you have assets you can borrow against
13:08 - Filing for bankruptcy
14:46 - Claim your yacht as your second home
15:36 - Using a trust to avoid paying estate tax
17:18 - Depreciating assets on paper to outweigh the cash income
Tools:
Protect yourself online with NordVPN: https://www.nordvpn.com/alux
Get a free audiobook when you sign up: https://www.alux.com/freebook
Start an online store today: https://www.alux.com/sell
-
Get Rich Playlist: https://www.youtube.com/playlist?list=PLP35LyTOQVIsxb5Mf-Pr1xHJMZPtdIX8q
Take Action Playlist: https://www.youtube.com/playlist?list=PLP35LyTOQVIuhLj_V6ThqHhVN52kozybm
All Sunday Motivational Videos: https://www.youtube.com/playlist?list=PLP35LyTOQVItYEFKYW1WdjcHFuXt0s5h-
Book Club: https://www.youtube.com/playlist?list=PLP35LyTOQVIvGYVKBE8qEwmP-S_Z7i0lL
-
Social Media:
https://www.instagram.com/alux/
https://www.facebook.com/alux
https://www.twitter.com/aluxcom
---
Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content!
Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today!
SUBSCRIBE so you never miss another video: https://goo.gl/KPRQT8
--
To see how rich is your favorite celebrity go to: https://www.alux.com/networth/
--
For businesses inquiries we're available at:
https://www.alux.com/contact/
Alux.com
www.Alux.com is the largest community of Luxury & Fine Living enthusiasts in the World. Alux a world-wide recognized Authority when it comes to ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USATod...