Some
Chinese companies (most are smaller ones) moved their headquarters to
Caribbean island countries. Their entire workforces are still in China
and they're qualified for the incentive packages for foreign countries.
Smart business or unethical?
I know at least one guy formed an
investment company in one of the islands. The capital gains are pretty
much tax-free. Most of his clients are doctors, lawyers... Some move to
another state to qualify for no state tax. I should do the same as it
would save me 5% of my gain.
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