42 min

The Valley Current®️ with Professor Nabil El-Hage on Exiting Silicon Valley and Other High-Tax States for (Nearly) Tax-Free Puerto Rico THE VALLEY CURRENT®️ COMPUTERLAW GROUP LLP

    • Entrepreneurship

Tax day, the day when you look at your bank account and send too much of it to Uncle Sam, is quite possibly the most depressing day of the year. To keep a little more money in their pockets, some people are taking advantage of Act 20 & 22 and moving to Puerto Rico where they do not have to pay federal income taxes. It’s a slam dunk decision for many high income and fed up Americans that could inadvertently and ultimately harm Silicon Valley if the vibe changes too drastically. Jack Russo asks Nabil El-Hage to clear up misconceptions about the territory and laws following his move to Puerto Rico. 
 

Tax day, the day when you look at your bank account and send too much of it to Uncle Sam, is quite possibly the most depressing day of the year. To keep a little more money in their pockets, some people are taking advantage of Act 20 & 22 and moving to Puerto Rico where they do not have to pay federal income taxes. It’s a slam dunk decision for many high income and fed up Americans that could inadvertently and ultimately harm Silicon Valley if the vibe changes too drastically. Jack Russo asks Nabil El-Hage to clear up misconceptions about the territory and laws following his move to Puerto Rico. 
 

42 min

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