Tax evasion is the thing to reduce the paying tax. Many rich people especially those who trying to avoid the taxes. Rich people wants to protect their assets so they used other people names in their assets. Maybe they afraid their enemy knows about all of their assets and sending something bad that can shaking their business. They don't want their circle know they as the rich people and no need to show off what they have. If that's the case with most other wealthy people, they are more discreet and live a normal life as if they don't have much, but underneath they have quite a lot of assets that are not in their name, some are in the name of their parents, in the name of their wife and siblings as a form of personal asset protection. Their enemy apart from business competitors is the government, especially companies that have illicit business are usually not above them because the adverse effects if caught by the public can be dangerous for their good name.   Let's keep the illegal business because there is no way one can legally own anything using that money, because the assets will trigger a warning. SO they keep it scattered as much as possible. Coming back to the main point, tax evasion and tax avoidance are different. What these rich people do is tax avoidance, they do everything that is still within the laws but somehow manage to bypass the taxes, which is why they own assets in the name of a company instead of an individual, and many such.
Tax evasion is the thing to reduce the paying tax. Many rich people especially those who trying to avoid the taxes. Rich people wants to protect their assets so they used other people names in their assets. Maybe they afraid their enemy knows about all of their assets and sending something bad that can shaking their business. They don't want their circle know they as the rich people and no need to show off what they have. If that's the case with most other wealthy people, they are more discreet and live a normal life as if they don't have much, but underneath they have quite a lot of assets that are not in their name, some are in the name of their parents, in the name of their wife and siblings as a form of personal asset protection. Their enemy apart from business competitors is the government, especially companies that have illicit business are usually not above them because the adverse effects if caught by the public can be dangerous for their good name.   Let's keep the illegal business because there is no way one can legally own anything using that money, because the assets will trigger a warning. SO they keep it scattered as much as possible. Coming back to the main point, tax evasion and tax avoidance are different. What these rich people do is tax avoidance, they do everything that is still within the laws but somehow manage to bypass the taxes, which is why they own assets in the name of a company instead of an individual, and many such.

Tax evasion is the thing to reduce the paying tax. Many rich people especially those who trying to avoid the taxes. Rich people wants to protect their assets so they used other people names in their assets. Maybe they afraid their enemy knows about all of their assets and sending something bad that can shaking their business. They don't want their circle know they as the rich people and no need to show off what they have. If that's the case with most other wealthy people, they are more discreet and live a normal life as if they don't have much, but underneath they have quite a lot of assets that are not in their name, some are in the name of their parents, in the name of their wife and siblings as a form of personal asset protection. Their enemy apart from business competitors is the government, especially companies that have illicit business are usually not above them because the adverse effects if caught by the public can be dangerous for their good name.   Let's keep the illegal business because there is no way one can legally own anything using that money, because the assets will trigger a warning. SO they keep it scattered as much as possible. Coming back to the main point, tax evasion and tax avoidance are different. What these rich people do is tax avoidance, they do everything that is still within the laws but somehow manage to bypass the taxes, which is why they own assets in the name of a company instead of an individual, and many such.

Tax evasion is the thing to reduce the paying tax. Many rich people especially those who trying to avoid the taxes. Rich people wants to protect their assets so they used other people names in their assets. Maybe they afraid their enemy knows about all of their assets and sending something bad that can shaking their business. They don't want their circle know they as the rich people and no need to show off what they have. If that's the case with most other wealthy people, they are more discreet and live a normal life as if they don't have much, but underneath they have quite a lot of assets that are not in their name, some are in the name of their parents, in the name of their wife and siblings as a form of personal asset protection. Their enemy apart from business competitors is the government, especially companies that have illicit business are usually not above them because the adverse effects if caught by the public can be dangerous for their good name.   Let's keep the illegal business because there is no way one can legally own anything using that money, because the assets will trigger a warning. SO they keep it scattered as much as possible. Coming back to the main point, tax evasion and tax avoidance are different. What these rich people do is tax avoidance, they do everything that is still within the laws but somehow manage to bypass the taxes, which is why they own assets in the name of a company instead of an individual, and many such.