4 ms·
The thing is that: using offshore tax havens via an expensive law firm as a private person is not illegal per se, but in 99.9% of cases is used to hide illegal
by MagnumOpus 10y ago
The thing is that: using offshore tax havens via an expensive law firm as a private person is not illegal per se, but in 99.9% of cases is used to hide illegal activities - most odiously straight-out looting of a country's public finances by officials (like in Russia), but also pedestrian crimes against the public like tax evasion or receiving bribes, or the fraudulent hiding of assets from civil affairs like bankruptcy or divorce proceedings.
- saint_fiasco 10y agoThat sounds suspiciously similar to the old "TOR is for pedophiles" argument.
- cpncrunch 10y ago>99.9% of cases is used to hide illegal activities Do you have any evidence to back up that 99.9% statistic? Even many of the public disclosures haven't been illegal (for example David Cameron's investment fund was 100% legal and he paid all the UK taxes required).