The EU ATAD and 5AMLD

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Alan B
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The EU ATAD and 5AMLD

Post by Alan B » Sat Feb 16, 2019 11:52 am

The ATAD (Anti-Tax Avoidance Directive)
and
the 5AMLD (The Anti-Money Laundering Directive)
are Directives that attempt to curb certain money operations by countries and individuals that are designed to evade paying tax or to conceal the proceeds of criminal activities.

How would these new regulations affect your country (and perhaps certain individuals in your country) with their relations to the EU?
Absolute faith corrupts as absolutely as absolute power - Eric Hoffer.
I have NO BELIEF in the existence of a God or gods. I do not have to offer proof nor do I have to determine absence of proof because I do not ASSERT that a God does or does not or gods do or do not exist.

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rainbow
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Re: The EU ATAD and 5AMLD

Post by rainbow » Sat Feb 16, 2019 1:29 pm

The problem is that it is easy for the ultra rich to create trusts and corporations that are offshore and as far as the tax returns are concerned make losses.
The more you have, the easier it is to hide.
I call bullshit - Alfred E Einstein
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Scot Dutchy
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Re: The EU ATAD and 5AMLD

Post by Scot Dutchy » Sat Feb 16, 2019 2:47 pm

The EU is determined and we all knows what that means.
"Wat is het een gezellig boel hier".

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