Drupal 8 - Drill down from Node to paragraph reference to paragraph entity to taxonomy reference field

Drupal 8 - Drill down from Node to paragraph reference to paragraph entity to field

function example_preprocess_node(&$variables) {
  $node = $variables['node'];
  $paragraph = $node->field_paragraph_example->entity;
  $nested_paragraph = $paragraph->field_another_paragraph_ref->entity;
  $term = $nested_paragraph->field_example_term_ref->entity;
  // The following simple syntax works when you just need the first value of the field:
  $textfield_value_on_term = $term->field_exampletext_on_term->value;
}