this post was submitted on 02 Jul 2025
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[–] villasv@lemmy.ca 1 points 9 hours ago* (last edited 9 hours ago)

Wouldn’t they just move their money over a place that would hide it?

Moving the money shouldn't make a difference, though. You pay taxes regardless of where you the money comes from or goes to.

Hiding income is illegal already. So more enforcement and steeper fines are about the only things left to do in that case.