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So I can pretend paying ransom in btc, pocket money from my own company anonymously for a self controled malware, and save on taxes ? Damn this loophole is gett
by BiteCode_dev 5y ago
So I can pretend paying ransom in btc, pocket money from my own company anonymously for a self controled malware, and save on taxes ? Damn this loophole is getting better and better.
- tehwebguy 5y agoOld and busted: Sorry Tolkien estate, the LoTR movies didn’t turn a profit so we have no backend for you (because we spent a billion dollars on marketing though one of our shell companies). New hotness: Sorry IRS, our entire business didn’t turn a profit so we don’t owe taxes (because we sent $5 billion in ransoms to one of our shell companies).
- Scoundreller 5y agoSimilar thing happened in Canada. A uranium miner set up a shell company in Switzerland and sold its future production to them at a market low. If the price went up, all of the profits shifted. If it went down, the subsidiary would go bankrupt and void the contract. The shell can shift its profits tax-free back to the Canadian parent.
- pdpi 5y agoSave on taxes, get hit by fraud charges instead.
- OskarS 5y agoIf you're prepared to commit criminal tax fraud, there are many better ways you can earn money.
- wruza 5y agoMy friend asked for a complete list for an essay.
- NullPrefix 5y agoNot a complete list, but Key and Peele have one suggestion https://www.youtube.com/watch?v=ceijkZQI1HM https://www.youtube.com/watch?v=ceijkZQI1HM
- wruza 5y agoAh, this one he already committed in the past. Doesn’t scale well.
- NullPrefix 5y agoIt does when you oursource it. Call it staffing solutions or something like that.
- meowface 5y agoYou can also get access to your life insurance payout early by faking your death, or politely asking a friend to murder you.
- refurb 5y agoAbsolutely that would work. As well as any tax fraud would.
- gruez 5y agoWhy go through the trouble of ransomware, which might get the FBI involved and put you in a bad light? You can very well just pay a "consulting fee" to some offshore shell company. Any business expense is tax deductible, not just ransomware payments.