The Biggest Tax Myth in the World

[@andytube321]

I like these type of videos where there’s a sort of case study to the content. Helps me understand things better. Thanks Michael

[@OffshoreCitizen]

Happy to hear that. Do you have any suggestion of what we can cover next?

[@andytube321]

@@OffshoreCitizen I hear and see a lot of people ‘moving to Dubai so I don’t have to pay tax’ but have you ever experienced a scenario in which moving to Dubai would expose them to more tax than they expected? It would be great to see these as case studies, obviously changing them to make them anonymous.

[@lorenk.775]

​@andytube321 😄😄👌👌 Moving to Dubai or any other similar places does not usually mean not paying any taxes, it just means you will pay much lower taxes or single digit taxes. Even if your tax rate is 0%, they plan to introduce certain taxes and already charge certain fees.

[@stevemyers2092]

Great info - and no, I did not know that...

[@OffshoreCitizen]

Happy to be of service :) What are your thoughts on the topic?

[@profbradleywilson]

Great content. Love it. Nike, google get thrown around. Thanks for outlining transfer pricing and the other dynamics. I would love you to go to the white board.. entities and arrows please

[@OffshoreCitizen]

Thanks for the suggestion! What are your thoughts on this?

[@profbradleywilson]

@@OffshoreCitizen I gave you my thoughts. Am I missing something?

[@jeremyleonbarlow]

I mean between Transfer Pricing Rules & FDAP its pretty rare to avoid US tax via IP transfers.

[@davidmendez7312]

Great content Michael. If I may make a small suggestion for the KZbin algorithm, would recommend putting your offshore citizen advertisement at the middle or end of the video not at the very beginning. Thanks again for the valuable information!

[@OffshoreCitizen]

Hi David, thanks for the advice!

[@localhost4184]

Thanks very interesting :) But hard to track and listen, please consider diction classes :)

[@ianniculescu1625]

Dang you look good !