The snail farm don: is this the most brazen tax avoidance scheme of all time?
5 points by NoboruWataya
by frxx
0 subcomment
Wildest article I've read in a while.
by mytailorisrich
0 subcomment
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.
by bell-cot
0 subcomment
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.)
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