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This billionaire lived six months a year on his 233-foot superyacht to avoid paying land taxes

Innovative Microsoft engineer Charles Simonyi cleverly leveraged a bespoke superyacht to sidestep local taxation and stringent construction regulations. This mobile abode enabled him to traverse the globe while circumventing substantial property tax liabilities. His forward-thinking strategy predates ongoing discussions surrounding wealth taxation in high-levy regions. A trailblazer in digital technology and space tourism, he eventually acquired an even grander superyacht to enhance his aquatic adventures.

from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/oN5WB6G
via IFTTT This billionaire lived six months a year on his 233-foot superyacht to avoid paying land taxes TOI World Desk https://ift.tt/PKIMGFl