Can I avoid being taxed like huge corporations?
I just watched a interesting documentary last night called "Were not broke". And I gotta say, I'm impressed of these huge corporations such as Google, Apple, Verizon, etc. were able to avoid paying federal income tax. Some of them were taxed negative, WTF?!. I didn't care much about the people's protest but amazed how these corporations have billions of dollars stashed away free of tax in a little island. Top of that the Government knew about it and I'm assuming they don't want to bother because of the treatment(free vacation, phone service, private jet, yacht cruise, and money of course) they have been receiving by these corporations...lol...crazy.
Has anyone incorporated their real estate business off-shore at a 'tax haven' island to get around the US taxation?
That documentary was filmed a years ago. I don't know if the laws have changed since due to millions of angry protestants worldwide