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Tuition assistance programs are also tax-free for both the employer and employee.

In Mexico, which had seen a boom in manufacturing by global companies looking to send their products to the United States tax-free, businesses have held back from new investments.

Gen. Rob Bonta in a letter last year that it would have “seismic implications for Silicon Valley” because investors would have an incentive to launch organizations first as nonprofits and benefit from tax-free donations.

They receive a daily tax-free allowance of £361 plus travel expenses.

While living comfortably in Dubai, he registered companies in bespoke tax-free zones, and eventually procured diplomatic credentials from Liberia, according to a New York Times profile.