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minus-squareDrew@sopuli.xyzlinkfedilinkEnglisharrow-up1·2 days agoI’m not an accountant but here’s how that might go institute a family fund to hold all of your assets for you, registered in tax haven don’t actually own part of the fund, so that it doesn’t count as an asset, but find a wag to keep control of it
minus-squareKittyCat@lemmy.worldlinkfedilinkEnglisharrow-up1·1 day agoOf course people will always try to get around things, but as part of something like this you would make that wire fraud and prosecute anyone found doing it.
I’m not an accountant but here’s how that might go
institute a family fund to hold all of your assets for you, registered in tax haven
don’t actually own part of the fund, so that it doesn’t count as an asset, but find a wag to keep control of it
Of course people will always try to get around things, but as part of something like this you would make that wire fraud and prosecute anyone found doing it.