Re:Dubai real estate data leak – Exposes criminals, official...
by mschuster91 on Wednesday May 04, 2022 @03:08AM
(#31257603)
Tax havens act as incentivizers for crimes - not just tax evasion, but also for routing around international sanctions or money laundering. We're punishing people who incentivize others to do criminal acts, so why should countries be exempt?
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Re:Dubai real estate data leak – Exposes criminals, official...
by r0snd0 on Thursday May 05, 2022 @12:38PM
(#31275546)
Could you explain that further? How do tax havens incentivize sanctions evasion or money laundering?
As far as I can tell, they’re just the most attractive places for such activities thanks to their low taxes. Laundering your money in Scandinavia probably wouldn’t be more difficult, it’d just be more expensive.