How do the 1% use Offshore Tax Havens to Evade Taxes? Amazon, Google, Apple, and a ton of prominent individuals make a boat load of money throughout the year, but they still end up paying close to nothing in taxes. How? Well, everything is offshore. 0% Tax Rates, Secrecy laws, Anonymity. It's a Rich Man's Paradise! The Cayman Islands, Bermuda, Switzerland, The Netherlands, and The Bahamas are to list a few, as these are a handful of tax havens that the 1% jump to when avoiding taxes. But how exactly does this work? What do the 1% do in these tax havens to end up paying $0 in taxes for the year on their 8-9 figure salaries? Well, let's find out!
How to Evade Taxes Offshore Like the 1% | Offshore Tax Havens Explained
Disclaimer: This is a Satirical Video that goes over a completely hypothetical scenario! Don't Evade Taxes, It's Against the Law!
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