Travel Like a Boss Ep 161 - How to Legally Pay ZERO Income Tax
May 22, 2017
Stewart Patton, a US tax attorney, shares tips on legally minimizing income tax. Topics include moving businesses to Texas for tax savings, starting LLCs in Wyoming, benefits of self-employment tax, setting up non-US companies, and incorrectly filing taxes. He also discusses offshore legal structures, holding businesses in non-US corporations, and choosing countries to operate in for tax advantages.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 3min
The Role of a Tax Attorney and Ways to Minimize Tax Payments
02:56 • 4min
Taxation for US Citizens Living Abroad
06:59 • 30min
Calculating Taxes and Potential Consequences
36:30 • 4min
Tax Savings for Expats and Digital Nomads
40:24 • 10min
Setting Up a Non-US Corporation for Tax Benefits
50:17 • 19min
Maximizing ROI and Minimising Income Tax through International Company
01:09:29 • 4min