No, that's simply untrue when it comes to taxes. Once you get to the level of money sloshing around that you can afford to pay for legal and banking fees and ne

No, that's simply untrue when it comes to taxes. Once you get to the level of money sloshing around that you can afford to pay for legal and banking fees and new corporate entity filings, a whole world of shenanigans opens up, which are plainly not ok but would be impossible to exhaustively legislate. For example, you can manufacture losses for yourself to offset profits. You can instead of realizing some income, loan money to yourself and spend it and enjoy it while never paying taxes on it. You can wrap up dubious transactions in layers of opacity such that you end up legally deducting your expenses on hookers and cocaine. The set of primitives exposed by the tax code, quite legitimately in order to meaningfully address the real underlying economics of modern business and finance, are also by necessity sufficient to build arbitrary shenanigans. In hacker terms, it's like trying to create a "safe sandbox" for executing arbitrary user-specified code. Once you allow a few things, like say recursion or system calls, there's just no way to keep it truly "safe." Being able to set up notionally arms length entities which you effectively control is the tax code equivalent of shelling out to the OS. So, no, the existence of a sufficiently complex tax code guarantees loopholes and unintended consequences. See also, DAO.