I don’t know if this still works, but Joe Rogan described a scheme where you have your company (you need your income to come from a company you control) pay your own offshore company for some kind of vague consulting services. Then you take out a personal loan from your own offshore company, which does not count as income because it’s a debt.
I don’t know if this still works, but Joe Rogan described a scheme where you have your company (you need your income to come from a company you control) pay your own offshore company for some kind of vague consulting services. Then you take out a personal loan from your own offshore company, which does not count as income because it’s a debt.
This why so much of “the economy” is debt trading.
This why so much of “the economy” is debt trading.
(post is archived)