If Corporates can offshore their IP I should be able to offshore my likeness and rent it back to myself to reduce my personal taxes.
that's some sovereign citizen thinking right there, don't get your car window smashed in when you get pulled over for your diplomat plate :D
Didn't Stephen Colbert claim he was an actor playing the character Stephen Colbert as some kind of tax dodge?
You can. It would just cost you so much in legal to not be worth it.
The reason it's worth it for these companies is because the number of zeroes involved. The legal costs are a rounding error for them.