Lump-Sum Taxation: Tax Savings of the Super Rich

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Have you ever heard of the lump-sum tax system?

It's a special kind of taxation, based on a fixed amount, rather than on the real circumstances.

What is interesting is that it is "reserved" for the ultra-rich people who don't want to go offshore to some distant countries in order to pay zero or really low tax, but rather wish to have more predictability regarding their tax payments.

The country that is the most famous for allowing this type of tax is Switzerland, which gives super-rich people a privilege to negotiate and fix the amount of their tax.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

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