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Here’s How The Super Rich Use Puerto Rico As A Tax Haven

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Puerto Rico tax laws enacted in 2012 have incentivized thousands of Americans and businesses to relocate to and invest in the island, according to Internal Revenue Service (IRS).

“I believe it is my moral duty to minimize my taxes,” Lobo Tiggre, a stock trader who moved to Puerto Rico to benefit from the island’s tax code, told GQ.


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