Poll: Would you legally move your wealth offshore if it saved you tax?

Most of us will never be rich enough to do it, but if you were…

By Rónán Duffy Monday 6 Nov 2017, 9:39 AM

Nov 6th 2017, 9:39 AM 30,227 Views 92 Comments

http://jrnl.ie/3682093

Monaco is one the world's biggest tax havens.

Image: Shutterstock/Drozdin Vladimir

Monaco is one the world's biggest tax havens.

Image: Shutterstock/Drozdin Vladimir

A HUGE LEAK of legal documents has revealed how many of the world’s rich and famous invest their money through offshore companies.

The 13.4 million document haul revealed that Bono, Queen Elizabeth and members of Trump’s cabinet are among those who have moved money offshore.

Although the amounts of money involved is in the billions, most of what is done is completely legal and is done by wealth managers on behalf of their super rich clients.

Most people will never have enough money for this to be worthwhile, but if you were a multi-millionaire, would you move money offshore if it saved you tax?

Today’s poll, Would you legally move your wealth offshore if it saved you tax?

Poll Results:

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Rónán Duffy

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Poll: Would you legally move your wealth offshore if it saved you tax?