A tax exile is a person who leaves a country to avoid the payment of income tax or other taxes. The term refers to an individual who already owes money to the tax authorities or wishes to avoid being liable in the future for taxation at what they consider high tax rates, instead choosing to reside in a foreign country or jurisdiction which has no taxes or lower tax rates.
In general, there is no extradition agreement between countries which covers extradition for outstanding tax liabilities.[citation needed] Going into tax exile is a form of tax mitigation or avoidance. A tax exile normally cannot return to their home country without being subject to outstanding tax liabilities.[citation needed] This may prevent the individual from leaving the country until these taxes owing have been paid.
Most countries tax individuals who are resident in their jurisdiction. Though residency rules vary, most commonly individuals are resident in a country for taxation purposes if they spend at least six months (or some other period) in any one tax year in the country, and/or have an abiding attachment to the country, such as owning a fixed property.
A taxexile is a person who leaves a country to avoid the payment of income tax or other taxes. The term refers to an individual who already owes money...
country. Voluntary exile is often depicted as a form of protest by the person who claims it, to avoid persecution and prosecution (such as tax or criminal allegations)...
Russian now." Moore was vocal in his defence of his taxexile status, saying that in the 1970s, with taxes levied on top earners under the Labour government...
Kingdom. When asked if he was a taxexile, Frederick stated that he lived abroad for health reasons. The corporate tax arrangements of the Ritz Hotel,...
Marcus Paul Bruce Evans (born 18 August 1963) is an English businessman. He is originally from Walsham-le-Willows, near Bury St Edmunds in Suffolk, but...
1975. Burgess was also motivated to move to the tax haven of Monaco, as the country did not levy income tax, and widows were exempt from death duties, a...
his tax details". BBC News. 6 March 2003. Retrieved 22 January 2012. Collinson, Patrick (21 February 2004). "Join the club and become a taxexile". The...
Necker for health rather than tax reasons. In 2013, Branson described himself as a "taxexile", having saved millions in tax by ending his mainland British...
all tax-free. At the time the UK tax for us was 98%. During that Japanese tour I had a gentle breakdown, which made me decide to break the taxexile. Millions...
Danny (17 July 2016). "Chemicals tycoon Ratcliffe heads home from Swiss taxexile". The Times. Archived from the original on 10 August 2021. Retrieved 28...
someone accused of "blandness, taxexile and ending a marriage by sending a fax". Collins has rejected accusations of tax avoidance, and despite confirming...
has been described as a "taxexile", and for a number of years lived in the UK enjoying the controversial non-domiciled tax status. He left the UK shortly...
tax-friendly locales. In the late 1970s, Reed relocated to Guernsey as a taxexile. He had sold his large house, Broome Hall, between the Surrey villages...
Ickworth House, the family seat in Suffolk, before her parents went into taxexile in Monaco. At the time of her father's death in 1985, the family was living...
The Babylonian captivity or Babylonian exile is the period in Jewish history during which a large number of Judeans from the ancient Kingdom of Judah...
Jethro Tull album to be recorded outside of the UK, being recorded in taxexile in Monte Carlo, Monaco. It was the last Jethro Tull album to feature bassist...
advice of the International Management Group. Whilst living there as a taxexile, Hunt was the neighbour of Jody Scheckter, and they also came to be very...
Krieger, Leslie West and Alvin Lee. Powell left England around 1980 as a "taxexile", and since then has mainly lived in Redding, Connecticut, US with his...
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