Personal Finance

A Simple Guide to Tax Evasion

You pay taxes? Loser.

Image from ICO Services

Paying taxes is for losers. So without further ado, let’s set your tax evasion journey afoot.

Step One: Operate Under a Shell Company

“Don’t do anything as yourself. Own nothing, control everything.”

The popular financial adage refers to acting as a business, as opposed to an individual, to minimize expenses and access financial rewards.

The government is quite generous when it comes to money benefiting corporations. Why? The net effect is a win for the economy.

So, investments are tax-deductible, as are associated losses, so as not to dissuade businesspeople from continuing their practices.

Remember and take advantage of this. Form a ‘shell company’.

Most corporations already operate under shell structures—entities that exist on paper, owning your actual businesses, allowing you to transfer funds, mask funds, hide funds, and classify funds as losses or investments when they’re just not.

It’s brilliant. And quite fun to do. (Kidding…)

We call this process creative accounting — possibly the most splendid application of human imagination.