Why Tax Deductions are Dumb

https://nomadcapitalist.com/tax-reduction/

Why Tax Deductions are Dumb? Many people from high-tax countries make inorganic decisions about their finances or business to get tax deductions. In this video, Andrew shares an article from Forbes which explains why it’s a bad idea and adds his comments.

https://www.forbes.com/sites/bobcarlson/2021/07/22/avoid-the-tax-breaks-that-cost-you-money/?sh=24620ec04f16
/>
Andrew Henderson and the Nomad Capitalist team are the world’s most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to “go where they’re treated best”.

Work with Andrew: https://nomadcapitalist.com/apply/

Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we’ve spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.

About Andrew: https://nomadcapitalist.com/about/
Our Website: http://www.nomadcapitalist.com
Subscribe: https://www.youtube.com/subscription_center?add_user=nomadcapitalist
/>Buy Andrew’s Book: https://nomadcapitalist.com/book/

DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.