Protect your assets and minimise your tax with the priceless advice in this fully revised and updated 2011 edition of How To Legally Reduce Your Tax.
As well as making tax legislation simpler to understand, Australian accountants Tony Melvin and Ed Chan reveal how the wealthy use company and trust structures to reduce their tax. Using diagrams and easy-to-understand language, they teach you:
• how to protect your assets from lawsuits, taxes and creditors
• why you should rarely buy an investment in your own name
• the difference between a company structure and a trust
• the seven different types of trusts and how to use them
• ways to increase your tax deductions
• and much more.