How Does Tax Relief Work: Difference between revisions

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Revision as of 23:39, 2 March 2025

Offshore tax evasion is crime in several onshore countries and includes jail time so it should be avoided. On the opposite hand, offshore tax planning is Actually crime.

If you add a C-Corporation with your business structure you are able to reduce your taxable income and therefore be qualified for some of those deductions which is your current income is too high. Remember, a C-Corporation is its unique individual citizen.

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