Monday, April 15, 2019

Tax Day Blues? Move to Puerto Rico for Epic IRS Loophole

By CCN: Tax season has once again come and (almost) gone, and so have many hard-earned dollars that once lined your wallet and bank account. But just because you’ve been paying federal taxes for as long as you’ve been earning an income doesn’t mean you have to keep doing so. A loophole in the federal tax code allows citizens of Puerto Rico who qualify for Act 22 to pay as little as 0% federal taxes on capital gains and earned income. But for crypto investors, the tax incentives Puerto Rico offers are only the tip of the iceberg. Pristine beaches,

The post Tax Day Blues? Move to Puerto Rico for Epic IRS Loophole appeared first on CCN



source https://www.ccn.com/tax-day-blues-move-to-puerto-rico-for-epic-irs-loophole

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