Angelina Jolie is one of the most successful and recognizable celebrities in the world. As such, she has worked hard to ensure that her net worth is protected. To do this, she employs a variety of tax strategies and legal tools to minimize her tax liability and safeguard her assets. One of Jolie’s primary strategies is to take advantage of the tax benefits offered by foreign countries. For example, France offers a flat-rate tax of 30% on income earned in the country, and the United Kingdom has a residency-based tax system that can be advantageous for individuals with high incomes. Jolie also uses family trusts to hold her assets and shield them from taxation. Additionally, she has utilized charitable foundations to reduce her tax burden by making large donations. Another important strategy employed by Jolie is to take advantage of the tax breaks offered to married couples. Through her marriage to Brad Pitt, Jolie was able to benefit from the IRS marital deduction, which allows couples to share their income and split deductions. This strategy is particularly beneficial for high-income couples, as it can lower their overall tax liability. Finally, Jolie has taken steps to ensure that her assets are protected in the event of death or divorce. She has set up trusts and other legal documents to ensure that her assets are passed on to her children and not subject to taxation. Additionally, Jolie has purchased life insurance policies to provide for her family in the event of her death. Overall, Angelina Jolie has used a variety of tax click here strategies and legal tools to protect her net worth. By taking advantage of foreign webtoon.xyz tax benefits, taking advantage of the IRS marital deduction, and setting up trusts and other legal documents, Jolie has been able to minimize her tax liability and safeguard her assets.
A Look at the Tax Strategies Angelina Jolie Uses to Protect Her Net Worth
By James
