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This would invite all sorts of workarounds. If accounting tricks and passing money between subsidiaries isn’t enough, then the last resort would be to buy the c
by jrsj 5y ago
This would invite all sorts of workarounds. If accounting tricks and passing money between subsidiaries isn’t enough, then the last resort would be to buy the closest thing to liquid assets they could get away with.
I guess this kind of law would be good for accountants and lawyers but I don’t think it would have much impact beyond that.