The crazy way rich Japanese people live in Japan tax-free

Subscriber-Only Premium Content Picture a Japanese entrepreneur running a ramen shop or coin laundry with no personal savings or investments—just a small business poised to grow. Facing a steep 55% personal income tax and 30% corporate tax, how do they keep more profits? The secret lies in owning nothing personally and everything through a corporation, slashing taxes with savvy moves. Here’s how Japan’s wealthy might dodge taxes legally. (Disclaimer: information & entertainment purposes only; no tax advice.)

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