Re:India's demonetisation of Rs. 500 and Rs. 1000 notes
by dx034 on Tuesday November 08, 2016 @12:02PM
(#12901879)
They'll probably buy houses above market value. The seller can declare the money and pay taxes on it. The houses can be sold again one by one over the next years and the money legalized. Basically an easy way of laundering it. Still good for the state as the money is taxed.
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