SovereignMan

This may be your last chance to take advantage of Puerto Rico’s best tax benefits

Imagine a place where you could spend all day sitting on a beautiful beach, sipping piña coladas, mingle with some of the most fascinating people you’ll ever meet, and not pay any taxes… It’s the classic dream of the offshore tax paradise. Unfortunately, that dream is largely dead due to Uncle Sam’s aggressive policies of […]

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Netflix’s unbelievable cash burn just got 60% worse

If you’re a big fan of shows like Narcos, Stranger Things, House of Cards, or Orange is the New Black, you might want to think about sending a fruit basket to anyone you know who is a Netflix shareholder. Netflix reported its quarterly earnings again yesterday afternoon. And, as expected, the company is losing a […]

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This is a rare win-win offer from the government that won’t last long

I’m not used to seeing the government offer taxpayers a win-win. But a little known provision snuck into Trump’s 2017 tax reform law is possibly the best tax-advantaged investment strategy offered in decades. And it will help some of the poorest areas of the US too. It’s the brainchild of Sean Parker, the founder of […]

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Social Security will cross another dangerous milestone next year

In the year 1890, according to census records, my great-great-grandfather was spending the final years of his life living with one of his children on a farm in Choctaw County, Oklahoma. I’ve spent most of the last twenty years doing some hardcore research into my family history– and I’ve identified records going all the way […]

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Here’s a lesson from the 108,000 millionaires who left their home countries last year

According to a recent report from Bloomberg, more than 108,000 millionaires left their home countries last year in search of greener pastures. Most emigrated from countries like China and Russia… no surprise there. India also saw a large outflow of millionaires as tax authorities tightened their grip. And Turkey continues to see an exodus, in […]

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Meanwhile, over on Planet Japan

It was only a few days ago that the Japanese government’s Financial Services Agency published its oddly-titled “Annual Report on Ageing Society”. (Like everything in Japan, English translations often hilariously miss the mark…) This is a report that the Ministry of Finance puts out every year. And as the name implies, the report discusses the […]

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