this post was submitted on 19 Dec 2024
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No income after deductions or no reported income at all? And yes I understand the concept of getting loans against assets that doesn't show up at taxable income. Do they not report income to their country of residence if it isn't Norway?
I haven't looked into it directly, but when the media looks into it every time the tax lists are released (yes, anybody can look into anybodys tax returns) then many are shown with zero in both columns.
Others move to different countries to get away from our taxes. I guess it is because they are'nt rigged in such a way that they can hide their assets or do deductibles like that. But I don't know how the countries they move to work taxwise other than that it pays off for them, or they wouldn't keep doing it.