The Mega Rich Use These Apps To Avoid Paying Millions In Taxes And You Can Too!
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It’s not an original observation to point out that the richer you are, the less you pay. From free handouts just because you’re famous to being able to afford premium accountants to find tax loopholes, if you’ve not got money, sorry buddy, but you’re double screwed.
Nowhere is this truism more true than when it comes to these location apps that you may have heard of. You’ve not? OK, let me explain.
So apps like Monaeo, Taxbird, TaxDay, Flamingo, Domicile365, Chrono: Time in Place, TrackingStates and Duolingo all offer users the ability to track time spent in jurisdictions, purely for tax purposes.
Some apps even generate logs for audits, will send you alerts when you’ve only got 48 hours left in Geneva, that kind of thing. It’s crazy. These people just exist in another world, don’t they?
Apps? More like GAPS in the law! Am I right?
But if YOU want to cosplay as an expensive bitch you too can download these apps for the low low price of $39.99 for TaxBird or $99 for Monaeo. Not bad, wait, per MONTH? Are you kinding me?? Who’s using these things, the ultra-rich? …Oh, yeah.
These apps exploded (not literally) when COVID made remote working more of a thing and suddenly people need to know where they are right now. If I’m not at work, where the hell am I?
So there you go, a new age of app integration in a way that no one expected and if you can afford it, well, then you’ll save some money to afford it. Pays for itself, really, doesn’t it?
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