Let me start by saying this is NOT a political article on whether you are for or against Trump. It’s how to legally pay as little tax as possible. Over the last few days, the national news outlets have focused on how President Donald Trump has not paid US income tax for 10 of the last 15 years or he has paid a total of $750.00. Remember the debate between him and Hillary Clinton some 4 years ago, and she asked him directly about his taxes, and Trump said it was because he was smart. Does that make you mad?…
#passiveinvestments
September 1 starts our Independence month. September is full of parties and celebrations. Not so much this year due to COVID-19. Gaining our independence from Britain on September 21, 1981, Belize has had a stable, democratic government. Voting is universal for Belizeans over 18 years old but not mandatory. The country’s government is a constitutional monarchy and parliamentary democracy. They recognize Queen Elizabeth II as the head of state, represented by a Governor-General, which should be a Belizean national who is appointed by the Prime Minister and is their head of government. The bicameral legislature, the National Assembly, is composed…
September is festival time in Belize. In 1981, our young country established its independence, and each year we celebrate for the entire month of September. Normally there are beauty pageants, parades, parties, and celebrations; this year will be very different since we have that pesky COVID-19. Belize is known to be creative, and so we’ll have to see what activities they have planned. On September 2, 2020, we had a CAT 1 hurricane, Nana, hit land. She struck between Dangriga and Placencia, causing debris and fallen trees. For the most part, Nana was mild for a hurricane, and we faired well through…
Our last COVID-19 Update was on July 16, 2020 and Belize had 37 cases with 2 deaths due to the coronavirus. The Philip Goldson International Airport was to open August 15, 2020. The excitement was growing as the airport was opening and things seemed to be getting back to the “new normal” then the perfect storm happened. We had a few positive cases of the coronavirus. The cases were on repatriated flights back into Belize and those persons would go right into a 14-day quarantine. They were tested and if they were positive, then they were quarantined longer. People began…