The main tax avoidance methods commonly used by the world's rich

James, former chief economist of McKinsey? Henry said: The super-rich people in the world take advantage of the differences in transnational tax systems to hide huge wealth worth at least $265,438+0 trillion offshore. This one? A giant black hole in the world economy? Where is it hidden? What about the wealth of the rich? Protection? Everybody knows? There are countless hidden under the reality? Unknown? The truth. Throughout the world, the common tax avoidance methods used by the rich mainly include: using offshore financial centers, setting up family trusts, giving up nationality, temporarily leaving the country, and doing charity. The following 86 will be introduced in detail.

How to avoid tax through offshore financial centers?

Real estate tycoon Leona? Helmsley said in the 1980s that only small people should pay taxes. Today, this situation is getting worse. Offshore financial centers with high confidentiality, no foreign exchange control, light tax burden and convenient tax avoidance have become a paradise for the rich.

1. Transfer funds to tax havens through private banks.

With the help of private banks, at least $265,438+0 trillion, or even as high as $32 trillion, flowed from many countries to tax havens in secret jurisdictions such as Switzerland and Cayman Islands. All major international banks recognize offshore companies and are willing to provide convenience for them to set up bank accounts and financial operations, so it is very convenient for wealthy groups to transfer their personal assets through offshore companies.

As the world's largest private bank, the world's largest foreign exchange dealer and the world's largest asset management company, UBS Group AG Group AG was established as early as 17 13? Do not disclose customer information to others? What will this banking law eventually become for UBS Group AG Stock Company? A refuge for world finance? A paradise for tax evaders.

2. Establish a company in a tax haven.

Generally speaking, after obtaining the certificate issued by the company's registered agency, the procedures for setting up an offshore company can generally be completed within 24 hours, and the maximum amount for setting up an offshore company to transfer personal assets is only $65,438+$0,000. Moreover, almost all offshore jurisdictions expressly stipulate that the shareholder of an offshore company can be one person, the company's shareholder information, shareholding ratio, income status and so on. Enjoy the right to confidentiality. If shareholders don't want to, they can not disclose it to the public.

In practice, such offshore companies can not only help the rich to reduce their tax payment, but also avoid foreign exchange control, making their overseas investment and wealth transfer plans more hidden and free.

Bermuda, Virgin Islands and Cayman Islands are the favorite places for China companies to register. Alibaba, Dangdang, Qihoo 360, Sina and other companies are all registered in the Cayman Islands in the Caribbean. There are more than 200,000 China companies registered in Virgin Island, and Pan Shiyi has a special liking for this.

Many fugitives use offshore financial centers to transfer personal assets through anonymous storage in these places, set up anonymous companies, set up shell companies, transfer personal assets, and then destroy evidence through bankruptcy and low-cost acquisition.

How to set up a family trust to avoid tax?

What family trust is most popular with the rich in Europe, America and Hong Kong is its function of reasonable tax avoidance. Through the family trust, the client transfers the ownership of the property to the trustee. Legally speaking, the property included in the trust no longer belongs to the client, so it does not belong to the category of inheritance and does not need to pay inheritance tax.

Of course, China does not need to pay inheritance tax at present, but it is an inevitable trend to pay inheritance tax in the future. In addition, the funds paid by the trustee of the family trust to the beneficiary come from the appreciation of the trust property, which does not belong to the income generated by investment exchange, and there is no problem of paying income tax.

As we all know, Li Ka-shing, the richest Chinese, earns HK$ 6.7 billion a year, but he avoids taxes reasonably and his income tax is zero. One way to avoid tax is to establish a family trust. It is understood that Li Ka-shing has set up at least four trust funds, holding shares in its companies respectively, and designating their wives and children as beneficiaries.

How to use temporary departure to avoid tax?

For tax avoidance by using temporary departure to avoid reaching the legal residence days, some countries adopt the countermeasure of not deducting short-term departure. In some countries, the actual number of days of residence in the previous year or two is averaged according to a certain proportion to judge whether a person meets this year's standard of days of residence.

According to the current British tax law, you don't have to pay taxes if you live in the UK for no more than 90 days a year; For the remaining 275 days, as long as you are not in Britain before midnight, you don't have to pay taxes. In order to take advantage of this loophole in the law, a rich man often flies out of British airspace at night and returns to the British airport after midnight.

How to avoid tax when doing charity?

20 10 bill gates and Buffett called on the richest people in the United States to donate at least half of their personal wealth to charity. At the beginning of August, 40 American billionaires publicly promised to respond to the call, and pledged to donate a total of more than $654.38+02 billion.

According to the data, in 2003, the Gates Fund achieved a return of $3.9 billion with a capital of $26.8 billion, and its profit rate was about 15%, which was higher than that of many profit-oriented enterprises. The Gates Foundation can avoid paying more taxes by donating 5% of its total assets every year, and 95% of its assets are investments.

In a lot? Conscience and money? In the absurd praise, the German Hamburg shipping giant Peter? Kramer, on the other hand, publicly stated that the promise of the rich to donate wealth is equivalent to donating taxable money, which makes the rich above the state and affects the public interest. And question the participation of the rich Americans? Give a promise? The motive of this action is to avoid taxes.

In fact, according to American law, if the rich want to leave their inheritance to their children, the federal government will withdraw more than half of the inheritance tax. Therefore, many wealthy Americans evade inheritance tax through charitable donations. Just, what is Buffett? Really charity? Or? Really tax avoidance? We have no way of knowing.

How to avoid tax by giving up nationality?

In order to avoid taxes, some rich people simply naturalize in countries with low taxes or even no taxes, such as Switzerland, Liechtenstein, Andorra and Monaco.

20 1 1 year, as many as 1780 Americans gave up their nationality. Tax expenditure? what's up Take off beauty? For important reasons, giving up nationality has become an important way for Americans to avoid taxes. Among them are F 1 racing champion Schumacher, Swedish IKEA founder Campla and American black singer tina turner.

When Facebook is about to make an initial public offering (IPO), the company's co-founder Eduardo? Eduardo saverin gave up his American citizenship before he got his own billions of dollars, which greatly reduced his tax payment. Because according to the current tax system in the United States, once a company goes public, it can't cheat on the stock value.

How to avoid tax through a second passport?

Once upon a time, the second passport was like a suitcase full of money, just the plot of a spy novel. However, according to the International Monetary Fund (IMF), the second passport is becoming more and more common.

By holding a second passport, such as investing in immigrants to obtain foreign passports in one step, such as Antigua, Saint Kitts, Dominica, Grenada and other Commonwealth passports, property is protected by Commonwealth laws; Such as Cyprus, Malta and other EU passports, enjoy the treatment of residents of 32 developed European countries; At the same time, these countries are world-famous? Tax-free paradise? .

Through the second passport, overseas assets will be allocated, personal assets will be legally allocated to foreign passports, and a firewall will be established to isolate wealth and risks.

These countries all recognize dual citizenship, which is a big advantage for the rich people in China who want to get foreign passports while giving up their China citizenship.