Art Is Tax Evasion at Bianca Palmer blog

Art Is Tax Evasion. It’s an opportunity to get a tax benefit tied to surging art values. By their design, there is inevitably a dark side to freeports (tax evasion, money laundering, the trade of stolen or looted objects), as there is bound to be for any kind of loosely. This article surveys the underpinnings of tax evasion and avoidance practices that rely upon the art market. 90% of modern art is just tax evasion. Almost all these dreadful pieces of crap, called modern art, are just a way for rich people to evade taxes. Giving away just a fraction of their ownership. But governments are fighting back. In cases where people fail to report the profits from art sales, some advisers think the banking system is able to flag possible tax. Currently, the capital gains on artwork is 31.8% (28% plus 3.8% for the investment tax) rather than the current.

Tax Evasion With chris by Vasq Co.
from vasq-co.itch.io

By their design, there is inevitably a dark side to freeports (tax evasion, money laundering, the trade of stolen or looted objects), as there is bound to be for any kind of loosely. Currently, the capital gains on artwork is 31.8% (28% plus 3.8% for the investment tax) rather than the current. Giving away just a fraction of their ownership. 90% of modern art is just tax evasion. Almost all these dreadful pieces of crap, called modern art, are just a way for rich people to evade taxes. In cases where people fail to report the profits from art sales, some advisers think the banking system is able to flag possible tax. But governments are fighting back. This article surveys the underpinnings of tax evasion and avoidance practices that rely upon the art market. It’s an opportunity to get a tax benefit tied to surging art values.

Tax Evasion With chris by Vasq Co.

Art Is Tax Evasion In cases where people fail to report the profits from art sales, some advisers think the banking system is able to flag possible tax. Giving away just a fraction of their ownership. Currently, the capital gains on artwork is 31.8% (28% plus 3.8% for the investment tax) rather than the current. This article surveys the underpinnings of tax evasion and avoidance practices that rely upon the art market. In cases where people fail to report the profits from art sales, some advisers think the banking system is able to flag possible tax. But governments are fighting back. Almost all these dreadful pieces of crap, called modern art, are just a way for rich people to evade taxes. By their design, there is inevitably a dark side to freeports (tax evasion, money laundering, the trade of stolen or looted objects), as there is bound to be for any kind of loosely. It’s an opportunity to get a tax benefit tied to surging art values. 90% of modern art is just tax evasion.

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