The tax secret of Billionaires YOU can use (Offshoring)

Offshoring: it's the tax secret of billionaires that you can use.

When I first discovered this tactic years ago my mind was blown.

Not that I didn't know that people weren't using tax offshoring, but that I could have access to it as well. You've probably heard about Swiss bank accounts, of companies locating their legal business operation in a foreign country.

Simply put, this is called offshoring.

And in this video in particular, I'm going to talk about the process of offshoring a company you own to legally lower your tax.

Some people don't like this subject, which I still think is strange. My aim isn't to stop all of us paying no tax at all. It's about creating a more level playing field between average people like you and me, and enormous global companies who pay little to no income tax.

I hope you enjoy this video, let me know your thoughts below.

Why you should never do business as yourself: https://youtu.be/Nk4RelwQPd4

Timestamps for the video can be seen as below:
0:00 - Introduction
0:53 - A note on legally reducing your tax
3:16 - What is tax offshoring?
4:07 - How companies use tax offshoring
5:15 - Who is tax offshoring for?
7:42 - Offshoring for holding assets and investments
8:35 - Setting up an offshore company
10:33 - Problems with tax offshoring
13:03 - It can get complicated
13:54 - Outro