American living in Bali reveals how his daughter will NEVER pay taxes

UK Daily Mail ^ | 8/21/2025 | Alessia Fiddler

[fruser1]

Richard Garcia, who goes by @richardgarciaofficial on Instagram, shares tips on money and wealth.

He moved from California to Bali with his wife and children, and regularly posts about their life overseas.

'Her bank account is in Singapore, her payroll is collected through a PTe and the family trust is in the Cook Islands.

'She will never pay taxes because she never 'earned' enough or owned anything.'

[fruser1]

What's a PTe? Search indicates payroll time entry but that'd be apps that actually compute taxes for you so not sure how this applies.

[dfwgator]

Two words, “I Forgot!”

[Red Badger]

Private Trust Electronic transfer?...............

[Resolute Conservative]

#1 rule in tax avoidance club is don’t talk about tax avoidance. Now that you bragged someone somewhere will change a law and she will. Big brother always gets his tribute.

[vikingd00d]

>>What’s a PTe?

https://www.acronymfinder.com/Business/PTE.html

Private Limited Company or Pass-Through Entity

[larrytown]

Gonna be tough to pass that off, especially after thumbing their noses so publicly.

The reach of pissed-off tax bureaucrats will surprise these people one day.

[fruser1]

Pass-Through Entity

Ah, that makes sense. Thx!

[1Old Pro]

Like a mutual fund.

[chrisser]

I’m guessing “pass through entity”

In other words, her “paycheck” is coming from a company that she controls, so that entity pays the taxes instead of them flowing to her.

Not exactly something we regular wage slaves can take advantage of.

[joshua c]

pass through entity

not sure what any of it means

if she has income and doesnt pay the tax

its fraud

[HartleyMBaldwin]

Well, excuuuuuse me!

[Georgia Girl 2]

HA! One of his best lines.

[T.B. Yoits]

The power brokers hate when the peasants use the same methods that the power brokers use.

Big Brother's primary goal is to protect the power brokers. Big Brother's secondary goal of collecting tribute is far downstream from their primary goal.

[Semper Vigilantis]

Living outside the USA
+ Paying no USA taxes
+ Bragging about zero taxes
---------------------------------------
No US Citizenship

^If life was as logical as math.

[bobbo666]

Taking advantage of a tax loophole just means that you are not quite the target the Gub’mt wants you to be.

If this is “wrong” go rewrite the tax code.

[Brian Griffin]

Extended families can acquire a broad range of skills.

Each member could then set their taxable income at the moocher [PPACA subsidy, EIC, child tax credit] sweet spot.

[Brian Griffin]

moocher sweet spot

If you can’t beat them, join them.

[Svartalfiar]

In other words, her “paycheck” is coming from a company that she controls, so that entity pays the taxes instead of them flowing to her.

Not exactly something we regular wage slaves can take advantage of.

If her company is paying income taxes for her, she is still paying them. That's extra income she's not ultimately making. It's no different than, say, Lowe's charging $9.24 plus tax for a wrench, and Ace charging $10, tax included.

It does give a few minor benefits on deductions you can take on the business side vs personal 1040, but nothing that major. If you're freelancing or have a small side business, you can probably save a couple hundred on taxes filing a schedule C. But you also have SE for the self-employment taxes (that normally your employer pays), so I doubt that's what the chick in the article is doing.

And definitely something regular wage slaves can do, but you have to have income of the proper type to do this. Something like 1099s, or if you can convince your employer to hire your company, not you, for your role.. But likely most HR isn't going to be willing to do that. Most regular W2 roles are just straight paycheck/income.

Of course, that's all US-based.. The excerpt doesn't mention where she's actually earning the money, so that's the jurisdiction that would need to go after her. Unless she's just living off the trust, in which case anyone in her situation wouldn't pay taxes on no income either...