In this episode of the Taylored Tax Show, Terrence Taylor and Big Al Darnell Jr. dive into the intricate world of retirement planning with an international perspective. The discussion covers four key aspects: income shifting, international trusts, international organizations, and the potential for earning income in tax-free countries. As they explore these topics, they emphasize the importance of understanding how to legally minimize taxes while planning for retirement, especially for high net worth individuals. The hosts also highlight the additional insights gained during their series, ensuring listeners have a comprehensive arsenal of strategies for effective retirement tax planning. Tune in to learn how to make the most of your earnings and secure a financially sound retirement.
"When you get international organization status, then as an organization, you don't pay taxes, including income taxes."
Highlights:
[00:03:01] Income shifting strategies for taxpayers.
[00:05:54] Income shifting strategies for families.
[00:08:33] Income shifting and tax jurisdictions.
[00:12:29] Golden Visa for tax savings.
[00:18:45] Tax-exempt international organizations.
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