celebrities tax avoidance

[dor]

how do they do it?

 

[LegitBananas]

dor said:
how do they do it?
Click to expand...

they don't do it

 

[troubled soul]

Sir Jim Ratcliffe, UK's richest person, moves to tax-free Monaco​

https://www.theguardian.com/busines...oves-to-tax-free-monaco-brexit-ineos-domicile

​

Soccer star Cristiano Ronaldo fined over $20 million for tax fraud​

https://www.cnbc.com/2019/01/22/soc...naldo-fined-over-20-million-for-tax-fraud.htm

Lewis Hamilton avoided taxes on £16.5m jet using Isle of Man scheme​

https://www.theguardian.com/news/20...-taxes-jet-isle-of-man-scheme-paradise-papers

More detail here ,If you have time to read

https://www.icij.org/investigations/paradise-papers/

 

[Sols]

They move to tax havens and/or work with specialists to set up sophisticated tax structures. Sometimes the structures aren't good enough and fail, although that is in some cases due to recklessness or improper behaviour by the person and not necessarily a flaw in the structure.

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This is the probably the answer to your question.

 

[Silvio]

The smart ones move to tax havens like Monaco or other islands.
The stupid ones or the ones with bad advisors make bad mistakes and pay dearly as the IRS loves to get good publicity by fucking some celebrity...

 

[troubled soul]

Now a day ,It is best option to move to tax free country if you are celebrity or not .
Rather doing offshore company registration circus.