Buy, Borrow, Die: Difference between revisions
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Explanation of Planet Tax Avoidance. | Explanation of Planet Tax Avoidance. | ||
Borrowing works only if you have loads of surplus money, where dividends can be used to pay off loans, and loan service can be deducted. But once principal is paid off, the income for paying off that principal is taxed. How does tax avoidance result? By deferment: simply the pay-back money can come after many years of assets appreciating. | |||
Latest revision as of 06:11, 13 January 2025
https://www.youtube.com/watch?v=8pBPZMUcsh0
Explanation of Planet Tax Avoidance.
Borrowing works only if you have loads of surplus money, where dividends can be used to pay off loans, and loan service can be deducted. But once principal is paid off, the income for paying off that principal is taxed. How does tax avoidance result? By deferment: simply the pay-back money can come after many years of assets appreciating.