Any way to pay less taxes?

skaz97 said:

Yes, I had already consulted it.

But I am referring to specific tricks, for example, that at the end of the year, before the end of the year you top up your Google ADS account and then invest it in advertising, so you will leave your bank account with a very small figure and the tax will be minimal.

This kind of trick.

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SirTop said:

Put your money into stocks that will rise in value but will not pay dividends

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pepeneo said:

Think about hireing a person or several with disabilities, usually you don't pay taxes on them and you also get lower overall taxes, they don't have to work, just have them on paper. Talk to your accountant first.

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pepeneo said:

Or just do it like nike does, have 2 companies, one offshore and you pay for branding to the offshore one so that your local company has 0 profit

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skaz97 said:

In Spain, shares as such must be declared and paid for the profit you have even if you have not sold them.
Index funds, however, do not. But I understand that if, for example, you invest 10,000 euros of your company profits in an index fund, it does not deduct 100% as an investment and thereby reduce the company's profit, right?

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Amaz0n said:

And then you go to prison because you broke laws that prohibit exactly what you described and because you thought the tax man is stupid.

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skaz97 said:

Hello,

What do you think if we mention among all ways of paying less taxes on our profits? Tips, hacks, tricks, etc.

I am referring to legal way to pay less taxes, LEGAL.

PS: let's exclude the typical "charge in cryptocurrencies" this method is already clear XD

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1. Might be too late now but have kids. Each one gets a tax credit.
2. Again might be too late, but start a side business

SOCOM said:

Spend money on assets that will make you more money that are tax deductible.

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skaz97 said:

For example ?

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Amaz0n said:

Since you asked for general advice:

Move to a location with no tax or very low tax.

Some examples:

Phillipines 0%
Cyprus 0%
Bulgaria 10%

All those locations are compatible with disregarded US/CA LLCs (means, profit only taxed in the location you are in).\
Cyprus has 0% corporate and individual tax?

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Amaz0n said:

Since you asked for general advice:

Move to a location with no tax or very low tax.

Some examples:

Phillipines 0%
Cyprus 0%
Bulgaria 10%

All those locations are compatible with disregarded US/CA LLCs (means, profit only taxed in the location you are in).

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