Insight
When planning your business and investments, aim to maximize the after-tax result.
Here are a few tips how to do so without breaking any laws:
- Plan in advance
- Consult experts in each country
- Consider the short term and the long term
- Consider everything - entities, transactions, people
- Don‘t forget any taxes - inheritance/estate tax, VAT/sales tax, withholding taxes.
- Consider each asset separately
- In business, don‘t forget your invisible assets, namely intellectual property such as technology, brand names, goodwill
- Have an up-to-date will