Tag: tax evasion
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Foundations and tax evasion, maximizing profits and Bill Gates
Foundations have long been associated with philanthropy and public good. However, they are often used as sophisticated tools by the super-rich to evade taxes and maximize profits. These mechanisms, while technically legal, exploit systemic loopholes, intertwining wealth preservation, influence, and control. Let’s explore how foundations and related strategies serve as vehicles for tax avoidance, profit…
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Evade taxes and maximize profits: The Western financial system
Multinational corporations and super-rich families have developed a wide range of strategies to evade taxes and maximize profits. These practices exploit loopholes in international tax laws and rely on the collaboration of global banks and financial networks. The impact is profound, depriving governments of revenue and exacerbating economic inequality. This article explores how these schemes…