Do I know anyone who has moved to Puerto Rico?
"For example, a trader living in California can go from paying federal and state taxes of more than 50% in the top tax brackets to zero taxes on capital gains, just by becoming a tax resident of PR. The U.S. and PR assess capital gains taxes based on where the seller’s “tax home” is located."
PR Act 20 has a 4% tax rate for companies, including investment managers, who export their services from PR."
https://www.forbes.com/sites/greatspeculations/2017/09/26/how-to-protect-puerto-rico-tax-incentives-in-the-wake-of-hurricanes-irma-and-maria/#6cb5d06620d6
"For example, a trader living in California can go from paying federal and state taxes of more than 50% in the top tax brackets to zero taxes on capital gains, just by becoming a tax resident of PR. The U.S. and PR assess capital gains taxes based on where the seller’s “tax home” is located."
PR Act 20 has a 4% tax rate for companies, including investment managers, who export their services from PR."
https://www.forbes.com/sites/greatspeculations/2017/09/26/how-to-protect-puerto-rico-tax-incentives-in-the-wake-of-hurricanes-irma-and-maria/#6cb5d06620d6