MANAGING INCOME TAX OF HIGH- NET -WORTH INDIVIDUAL
To be successful while managing income tax of high-net-worth individual is essential that the tax planner understands the relationship between investment and tax.
Just being knowledgeable in tax laws is not enough.
The tax planner must understand good investment and the tax effect.
In other words the tax planner must be a good investment adviser.
The tax planner must understand how to manage these two indices.
Deferred tax and exempt tax.
OTHER PLANNING STRATEGY FOR HIGH-NET-WORTH INDIVIDUAL.
1.ESTABLISHMENT OF FOUNDATION AND CHARITABLE DONATION.
2.SETTING UP TRUST TO MANAGE ESTATE AND INHERITANCE TAXES.
3.INVESTMENT VEHICLE THAT MINIMIZE TAXES.
Disclaimer: Obi Azubuike is not by this publication acting as a professional advisers and therefore not liable to any damage whatsoever for your acting or refraining to act based on this publication. Consult your professional for advice.
obi Azubuike (c) 2019
Thanks for providing the information about income tax return. It is very helpful. People who are intrested can read Income Tax Return Filing In Andheri