Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Celebrity Tax Moves

Lots of news today about major Internet companies like Google and Yahoo avoiding taxes through clever International schemes, all of which are legal. 

With sophisticated tax planning and unprecedented mobility, individuals who owe taxes also look for creative ways to avoid them. Sometimes this means moving to a more friendly jurisdiction.

Today I ran across a couple of examples:

French star Depardieu moves to lower-tax Belgium

F1: Jacques Villeneuve will leave Quebec to settle in Andorra