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 Excellent: Wall Street billionaire John Paulson says he'll move to Puerto Rico to avoid taxes

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PostSubject: Excellent: Wall Street billionaire John Paulson says he'll move to Puerto Rico to avoid taxes   Wed Nov 07, 2018 7:53 pm


  • In 2012 Puerto Rico passed the Act to Promote the Relocation of Investors to Puerto Rico, aka Act 22, to re-brand island as 'global investment destination' 
  • In the act new residents to the island are exempt from the federal income tax and taxes on passive income  
  • Speaking at a conference in Manhattan, Paulson said: 'It's the only place a U.S. Citizen can go and literally avoid, legally, all their taxes'




https://www.dailymail.co.uk/news/article-6363371/Wall-Street-billionaire-Puerto-Rico-avoid-taxes.html


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Excellent: Wall Street billionaire John Paulson says he'll move to Puerto Rico to avoid taxes

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