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Entrepreneur Tips and Discussions

Creating an LLC to shelter income from higher tax brackets

Hey guys, my wife and I are respiratory therapists. Last year, together, we made just shy of 100k. In April we took travel contracts to work in NYC during the peak of the Covid outbreak and have grossed almost that already in 8 weeks. We plan on continuing the contract work from now on, which […]

Categories
Entrepreneur Tips and Discussions

Why is it better to live in Dubai/Monaco than in Thailand/Philippines for tax reasons?

* Dubai and Monaco have extremely low taxes for everything. * Thailand and Philippines have 0 taxes on foreign sourced income. Doesn’t that mean that almost always for tech entrepreneurs, real estate entrepreneurs or even sports superstars, both countries almost wouldn’t charge you any taxes on your personal income? View Reddit by ujjain – View […]