In this course you will learn why Puerto Rico has become the new tax home for wealthy individuals and business owners who are looking for a legal way to maintain their U.S. citizenship and still lower their tax bill. In 2012, Puerto Rico implemented ACT 20 (Export Service Act) and ACT 22 (Individual Investors Act) to help reignite their local economy. In the process they ended up giving taxpayers an amazing gift. For those businesses who qualify under ACT 20 they only pay a 4% income tax in Puerto Rico and their qualifying income is exempt under U.S. tax and for those individuals who qualify under ACT 22 they pay 0% tax in Puerto Rico and their qualifying income is exempt from U.S. tax. This strategy is not right for everyone, but it is a life changer for those clients for whom it is.
Course Objectives:
Self-Study Course Instructions: FOR DOCUMENT-BASED COURSES Download the course document(s) (below) and follow prompts contained in the document. FOR RECORDED COURSES WITH VIDEO Download any course document(s) (below) which may include handouts, glossary, transcripts, etc. Follow any prompts contained in the documents to help you complete the course. Most documents are searchable. |
The Prosperity Guy
Managing Partner
dave@theprosperityguy.com
(844) 455-0500
Dave Hall graduated from Southern Utah University in 1994 with his Master’s in Accounting. Over the last 25 years, Dave has helped thousands of Americans limit their exposure to federal, state, and local taxes. He has done this by using little-known tax and investment strategies many other advisors overlook.
As the Prosperity Guy founder, Dave now spends his time educating thousands of professional advisors on how they can get themselves and their clients to the zero percent tax bracket and transform their retirement.
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