The Surprising Strategy Some Households Used to Avoid Tax Bills in 2020

Monday, 11 March 2024, 10:00
In 2020, a select few households were able to generate substantial income while legally avoiding tax liabilities. This was achieved through a trending investment method that experts suggest has gained popularity since then. Understanding how these households navigated tax obligations sheds light on strategic financial planning and compliance.
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The Surprising Strategy Some Households Used to Avoid Tax Bills in 2020

How Some Households Avoided Paying Taxes in 2020

During 2020, a tiny set of taxpayers managed to have it all: lots of income and no tax liability — and the chief way many accomplished it was with an investment vehicle that’s grown in allure since then, according to experts.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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