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A comment on Hacker Publishes 2TB of Data from Cayman National Bank. Parent comment

Re:Hacker Publishes 2TB of Data from Cayman National Bank by tunesmith on Monday November 18, 2019 @09:50PM (#21570296)
That Guardian article is weird because it doesn't even mention federal taxes. How does a south dakota state trust help someone legally evade federal taxes?
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Re:Hacker Publishes 2TB of Data from Cayman National Bank by mayama on Monday November 18, 2019 @10:22PM (#21570398)
No income, wealth or estate tax for trusts. And you don't even have to live in south dakota.
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Re:Hacker Publishes 2TB of Data from Cayman National Bank by ChrisLomont on Monday November 18, 2019 @11:11PM (#21570604)
Beneficiaries of trusts pay income tax on distributions.
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