Within a year, more than 288,000 Germans have moved abroad. A recent survey suggests many highly skilled professionals are eyeing a move – and most do not expect to return soon.
Which only the most stupid superrich (or normal people who saved up) really pay.
If you’re superrich all your assets belong to your holding. When you gain money from your holdings (e.g. dividends) they are taxed way below 1%. Your now untaxed capital sits in your holding. Privately you now put that holding as a security for a credit. Bravo, now you are privately in debt and can save some more taxes.
How do you pay off the credit though? Fear not: next year your holding is worth more, because it once again gained untaxed income. You just borrow more money, pay off your old debt and repeat that.
Which only the most stupid superrich (or normal people who saved up) really pay.
If you’re superrich all your assets belong to your holding. When you gain money from your holdings (e.g. dividends) they are taxed way below 1%. Your now untaxed capital sits in your holding. Privately you now put that holding as a security for a credit. Bravo, now you are privately in debt and can save some more taxes.
How do you pay off the credit though? Fear not: next year your holding is worth more, because it once again gained untaxed income. You just borrow more money, pay off your old debt and repeat that.