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> That is, modern finance and the law also attempt to deal with intent. It does? Maybe for the poor, but certainly not for the rich/corporations.[1] [1] - htt

• kmlx 4y ago
  so called “tax havens” actually have a role to play in the world economy. but on your main point regarding “modern finance and law”: 2021: https://member.fintech.global/2022/01/05/the-top-five-compliance-failure-fines-of-2021/ https://member.fintech.global/2022/01/05/the-top-five-compli... https://www.kyckr.com/aml-fines-2021/ https://www.kyckr.com/aml-fines-2021/ tldr fines amount to billions in total and sometimes criminal proceedings are brought forward.
  • throw_m239339 4y ago
    > so called “tax havens” actually have a role to play in the world economy. So does the mafia and the child slaves corporations like Nestlé profit from, they all have "a role to play in the world economy". But it's about the morals and ethics and the hypocrisy of western institutions that allow these loopholes for the super rich in order for them to protect their wealth from taxation.