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US taxes set to rise

With the Democrats now controlling Congress and the Presidency, the new Biden Administration is set to fundamentally change the nature of tax.

How this will impact Americans and business remains an open question. What is certain is the fact that wealth preservation and tax structuring will become primary motivators for the migration industry over the next four years.

It is only a matter of time before other countries start to look to America for inspiration and guidance, as governments everywhere increasingly require additional tax revenues.

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