News for hackers. Stuff that matters.

A comment on Jeffrey Epstein's mystery bank came alive after his death. Parent comment

Re:Jeffrey Epstein's mystery bank came alive after his death by londons_explore on Thursday February 06, 2020 @02:14AM (#22254101)
Power of attorney can be used for some international tax dodging schemes - laws are inconsistent on which of the two people must pay/report the tax, and by doing that across a country border, you can avoid the tax without anyone breaking the law.
[ Parent | on HN ]
Re:Jeffrey Epstein's mystery bank came alive after his death by jjeaff on Friday February 07, 2020 @12:39PM (#22268511)
There are also lots of levels of power of attorney. It can be as limited in scope as to a single bank account with limitations. So I question whether this was full on power of attorney or some limited scope that we are lacking details of.
[ Parent | on HN ]