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Re:How to not pay your taxes legally, apparently by f4c39012 on Saturday July 05, 2025 @04:09PM (#44475171)
If everyone had access to the same kind of tax advice that minimised taxes for the rich, I bet a bunch of loopholes would get closed pretty quickly. Some publicly available templates and simple to follow guides would encourage governments to act when they see a general shortfall in revenue. When new loopholes emerge, rinse & repeat. Maybe everyone would pay their fair share then
Re:How to not pay your taxes legally, apparently by smallmancontrov on Saturday July 05, 2025 @04:16PM (#44475222)
No, because most loopholes cost $$ to set up so they only break even above a certain income that few people have. You must be this rich to play.
Re:How to not pay your taxes legally, apparently by anthonypz on Saturday July 05, 2025 @04:23PM (#44475263)
I’m curious to know: what are some of the things that need to be set up? Specific bank accounts to route money around?
Re:How to not pay your taxes legally, apparently by AlotOfReading on Saturday July 05, 2025 @04:50PM (#44475440)
An easy example: buy a house in Monaco, put €500k in a bank, and declare it your legal residence for tax purposes to avoid most taxes.
Re:How to not pay your taxes legally, apparently by v5v3 on Saturday July 05, 2025 @06:11PM (#44475996)
Or get some one else to move...

The UK billionaire Phil Green lived in UK, his wife moved to Monaco and everything was in her name. So he could run the companies in person and she would recieve the hundreds of millions in dividends.

Re:How to not pay your taxes legally, apparently by thatguy0900 on Saturday July 05, 2025 @04:18PM (#44475230)
I'm not sure governments would act on a shortfall in revenue. Some governments seem to just consider money not real, just add a couple trillion to the debt and call it a day