So, Tristan Tate”¦ this guy really took tax evasion to another level. If what's being said is true, he definitely found some shady ways to dodge taxes while staying in Europe.
Method #1. Mexican passport? Yeah, you read it correctly!. The funny thing is, he even posted that “Scorpius Vladimir” identity on his tiktok videos, and he took photos along with his Mexican passport on Instagram also . That was his “new” name, which didn't exactly match up with the reality he was living. Basically, he made his life a lot easier by hiding his real identity and turning a blind eye to tax regulations in the UK and other countries. He probably realized that with a fake name, he could avoid a lot of stuff. Or maybe Mexico even on CRS they don't care anything when they receive information about someone who runs millions of dollars on..what bank ? ... . "WISE APP"...
Method #2: The UK companies ”“ and here's the simple game: set up companies, let them “dead” on paper, and then close them quickly before the end of the year to avoid reporting anything. forget to report also. If you have no profits, you don't pay taxes. He was playing around with tax terms, but it's still a pretty risky move. If someone were to seriously look into it, it wouldn't pass under the radar. Or I am wrong?!
Why he refused Method #3 ? 🙂
Now, the interesting part: Why didn't he just stay in Dubai? Well, clearly, Dubai was tempting, with 0% tax on income. He could have lived there completely tax-free. But I guess I know that in Dubai, you can even now put every sales in your name, but that kind of life has its own traps, but he could just say he is nothing more than an influencer. Still he has the "university"
Why not Method #4 ?
And then the big question: Why didn't he choose something like the NHR regime in Portugal? Honestly, this part seems odd. With that NHR system, he could've lived quietly with 0% taxes and no worries, just register in portugalia, and stay in romania less than 6 months. he travels so much this could not be a problem for him.. He could've even brought his income to Romania at some point and reported it there, as it was tax free if he was not a resident there , Maybe he should not brag about his real home? Why didn't he do that? Maybe something wasn't right with his money?
All in all, it really seems like it's getting harder and harder to dodge taxes these days. No matter how many fake passports or made-up identities you use, tax systems are getting smarter and smarter. So the real question is: How can anyone still avoid taxes these days? I think it's a lot harder now, and more and more people are getting caught. Why two smart people like him with so many friends this all this stuff. ?
Why not .... Method #5
Why he was resuing to move to crypto, as people to buy crypto and pay him that way?
