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If you invest in a kleptocracy, capital gains tax is the least of your worries. If you don't kowtow to the right people, murky authorities seize your business
by RockyMcNuts 16y ago
If you invest in a kleptocracy, capital gains tax is the least of your worries.
If you don't kowtow to the right people, murky authorities seize your business on trumped up tax charges, and anyone who fights dies mysteriously in jail.
http://dealbook.blogs.nytimes.com/2009/11/18/hermitage-capital-lawyer-dies-in-russian-jail/?scp=1&sq=hermitage&st=cse http://dealbook.blogs.nytimes.com/2009/11/18/hermitage-capit...
- dennisgorelik 16y agoNo capital gain taxes is important for internal Russian businesses. It would boost Russian economy.
- garply 16y agoWelcome to how the majority of nations in the world operate.