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Revisión del 19:26 16 oct 2024
Offshore tax evasion is crime in several onshore countries and includes jail time so it should be avoided. On the other hand, offshore tax planning is Not really a crime.
Contributing an insurance deductible $1,000 will lower the taxable income belonging to the $30,000 each person from $20,650 to $19,650 and save taxes of $150 (=15% of $1000). For the $100,000 1 year person, his taxable income decreases from $90,650 to $89,650 and saves him $280 (=28% of $1000) - almost twice as much!
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