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• 18:10, 9 November 2026 MargotThow5 talk contribs created page Tax Planning - Why Doing It Now Is Crucial (Created page with "Offshore tax evasion is crime in several onshore countries and includes jail time so it should be avoided. On the other hand, offshore tax planning is Not really a huge crime. Contributing a deductible $1,000 will lower the taxable income belonging to the $30,000 12 months person from $20,650 to $19,650 and save taxes of $150 (=15% of $1000). For the $100,000 each person, his taxable income decreases from $90,650 to $89,650 and saves him $280 (=28% of $1000) - almost dou...")