Poor John Paulsen! Now that's an oxymoron! He has to be the most radioactive man on the Planet when it comes to tax planning. Everything he touches in business seems to be couched in subversive tax planning to break the national treasury.
The financial press has become more like the Hollywood Paparazzi when it comes to his tax planning. When he went to Puerto Rico, it was "John Paulsen is trying to buy the Island of Puerto Rico from the U.S. Government in order to turn it into his own personal tax haven." Never mind, the Puerto Rican government adopted cutting-edge economic incentives that our own federal government could learn a thing or two from.
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Topics: Annuities, Private Placement Life Insurance, Private Placement Variable Deferred Annuities, Private Placements, Tax Benefits
Published In: Finance & Banking Updates, Insurance Updates, International Trade Updates, Tax Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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