Consider a wealthy U.S. citizen who earns $1.3 million per year in dividends and capital gains from

Question:

Consider a wealthy U.S. citizen who earns $1.3 million per year in dividends and capital gains from her of U.S. stocks. Can she legally avoid having this income subject to U.S. tax by forming an off- shore holding company and having the holding company own the stock? She has her holding company reinvest the dividends and capital gains, so she personally receives no cash from her investments.
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...