this post was submitted on 30 Jan 2025
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Unfortunately, it's complicated. There are in-country tax considerations for the overseas entity and, as Americans are often shocked to find when moving here, something like an LLC is going to cause a huge tax headache with taxes
Also it's technically money laundering
rich are doing it too though
It's only illegal if it's enforced
~ the rich
or rather, rules for thee but not for me
Yes that’s what they said.
there is slight difference in meaning