South Dakota Will Protect You From Virus Freaks AND THE TAXMAN
Link: https://anti-empire.com/south-dakota-will-protect-you-from-virus-freaks-and-the-taxman/
South Dakota has become tax haven alongside Cayman Island, and Switzerland. Trusts generate no taxes and off limits to anybody who might have a legitimate claim on them. South Dakota has no income tax, no inheritance tax and no capital gains tax. .Extreme secrecy protects assets from being claimed by creditors, ex-spouses, or anybody else. In 1983, South Dakota became first state to allow perpetual trusts — money that can remain untouchable for centuries, with no one ever paying inheritance tax on it. It has also sealed all court documents setting up trusts, making it impossible to know — in the absence of Pandora Papers style leaks — who might have one..South Dakotan trust companies held $360 billion in assets.
No feedback yet
