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This is so long overdue, it's almost useless. Where were these laws in the roaring 80s and 90s when rich people were actually making money (instead of today's s
by return0 10y ago
This is so long overdue, it's almost useless. Where were these laws in the roaring 80s and 90s when rich people were actually making money (instead of today's stagnation)? Everyone who has cash to move has probably moved their money in obscure location outside the reach of the west (e.g. UAE). These new secrecy deals are just there to solidify the sovereignity of old money in europe.
- sschueller 10y agoThe only people really affected are the ones without any money. The Americans living abroad not being able to get bank accounts because the local banks are too afraid of US fines or the double taxation of income for those living abroad.