advice Tax Optimization in Domain Name Industry

[Dream Domains]

Hello.

It came to our attention that income taxes vary widely across the states. Florida, Texas and some other states have no state income tax, which saves you money. Puerto Rico, recently enacted a law, abolishing capital gains tax. We learned this from Peter Schiff in this video.

It is no surprise that some famous domain name investors are positioned in income tax friendly states.

Frank Schilling in Cayman Islands
Rick Latona in Puerto Rico
Greg Ricks in Texas

Kind regards,

DomainNameBroker.com

 

[MasterOfMyDomains]

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