He pays only 4% income taxes for his Amazon business by living in Puerto Rico! Check out what John Hadden has to say about the island tax haven.
AMPM PODCAST EP157 with Manny Coats and John Hadden
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In episode 157 of the AMPM Podcast, host Manny Coats interviews John Hadden, an FBA seller and new resident of Puerto Rico who boasts that he only pays 4% for his income taxes and pays basically nothing on corporate gains. John talks about Act 20 and Act 22, which are Puerto Rican laws that he uses to get his tax benefits as well as the new culture that he became acclimated to. He also expresses the benefits of working with his talented in-house employees and the differences between living in Puerto Rico versus the United States of America.
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