Esoteric Tax Planning Strategies For American Businesses with Matthew Kirk

https://youtu.be/o9CSq-m-ugs

Every business owner wants to save on taxes, and there’s a variety of tax planning strategies available in the US.

In this episode, John and Michael Parise speak with Matthew Kirk from Holland & Knight about an esoteric tax planning strategy that not many American businesses know about. Matthew gives an overview of the tax benefits in Puerto Rico and the Virgin Islands, explains the rationale behind them, and unpacks some of the finer details, cautioning businesses to speak with a proactive financial professional about using this strategy.

Matthew discusses:

• An overview of the tax benefits in Puerto Rico and the US Virgin Islands and the differences between the two
• The rationale for the tax benefits in both US territories
• The importance of discussing the small details and any questions about these jurisdictions with proactive financial professionals
• And more!