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A comment on High-income tax avoidance far larger than thought, new paper estimates. Parent comment

Re:High-income tax avoidance far larger than thought, new pa... by missedthecue on Monday March 22, 2021 @12:13AM (#26536792)
Easy. Put your estate into a terminally settled, non-transferable, future-callable, sale-leaseback with a partial-repo feature, with a European or Japanese bank.

Impossible to tax (aside from the income stream), no downside except for some additional tax headaches. But I assume a few tax headaches are worth it in order to keep billions of dollars in your family.

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Re:High-income tax avoidance far larger than thought, new pa... by goddess33 on Monday March 22, 2021 @05:43AM (#26538616)
> Easy. Put your estate into a terminally settled, non-transferable, future-callable, sale-leaseback with a partial-repo feature, with a European or Japanese bank.

is this word salad or legit? If so, any resources to learn this?

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Re:High-income tax avoidance far larger than thought, new pa... by commandlinefan on Monday March 22, 2021 @10:22AM (#26541214)
That was my thought - if America won't let you keep your money, Luxembourg surely will.
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Re:High-income tax avoidance far larger than thought, new pa... by emptysongglass on Monday March 22, 2021 @06:27AM (#26538885)
Where can one learn this black magic?
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