The snail farm don: is this the most brazen tax avoidance scheme of all time? (theguardian.com) 9 points by NoboruWataya 7mo ago ↗ HN
[–] mytailorisrich 7mo ago ↗ Tax avoidance is minimising tax the legal way, so nothing to see here, especially since this inventive scheme seems indeed perfectly legal if properly structured.
[–] bell-cot 7mo ago ↗ An interesting yarn, though the "most brazen" bit is hype.The obvious fixes might require competent lawmakers and regulators, so don't hold your breath.(From a quick search, the UK tried land value taxes about a century ago - it didn't end well.)
4 comments
[ 4.7 ms ] story [ 20.1 ms ] threadThe obvious fixes might require competent lawmakers and regulators, so don't hold your breath.
(From a quick search, the UK tried land value taxes about a century ago - it didn't end well.)