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A comment on The World’s Favorite New Tax Haven Is the United States.

Re:The World’s Favorite New Tax Haven Is the United States by apaprocki on Wednesday January 27, 2016 @12:29PM (#10981403)
It has been suspected that for a long time now people have been parking questionable cash into NYC real estate. Somewhat related to this, the Treasury dept. will pierce the veil of LLCs making >= $3 million cash real estate purchases and require the owner identities to be reported. I guess we'll see if that leads to new tricks...

http://www.nytimes.com/2016/01/14/us/us-will-track-secret-bu...

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Re:The World’s Favorite New Tax Haven Is the United States by Spooky23 on Wednesday January 27, 2016 @02:44PM (#10982513)
It's worse than that -- political contributions from LLCs are unregulated in New York, so who knows who is influencing who.

Once shady money gets established in the US, you can do things like setup LLCs and trusts domiciled in South Dakota to provide multi-generational tax exemption. http://www.sdtrustco.com/About-South-Dakota-Trust-Company/Wh...

This type of nonsense is a great example of the incredible harm done to the United States 40-50 years ago when the pro-segregation Democrats joined forces with the Western republicans (i.e. The ultra-conservative folks dependent on federal leases to extract minerals/oil/graze cattle) and took over the GOP.

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Re:The World’s Favorite New Tax Haven Is the United States by randycupertino on Wednesday January 27, 2016 @03:14PM (#10982836)
Yes and thankfully the US congress just made it even easier for foreign $$ to invest in US real estate!

http://www.wsj.com/articles/congress-eases-curbs-on-foreign-...

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Re:The World’s Favorite New Tax Haven Is the United States by hkmurakami on Wednesday January 27, 2016 @12:58PM (#10981625)
HN discussion thread for link: https://news.ycombinator.com/item?id=10918491
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