/biz/ - Business & Finance

>>57142863
TA has nothing to do with the fact that you are braindead and didn't sell when lockdown was known from January and everyone with half a brain was expecting a crash from broken supply chain , KEK

>>56184813
You a the retard KYS

https://www.icij.org/investigations/pandora-papers/uk-tax-authority-clamps-down-on-pandora-papers-tax-avoiders/

The U.K. tax authority has given taxpayers named in the Pandora Papers — among the world’s biggest leaks of financial information — a deadline to settle their outstanding tax debts, or risk harsh penalties.

On June 5, HM Revenue & Customs began sending letters to hundreds of U.K. residents implicated in the 2021 ICIJ investigation, which revealed how the rich and powerful use offshore tax havens to hide and move their money.

“Tax evasion is increasingly global — but, unfortunately for tax criminals, so is HMRC’s reach, accessing data and intelligence through international collaboration,” Kelly Telford, HMRC’s deputy director for offshore risk, said in a statement.

ICIJ and its partners spent two years sifting through the 11.9 million confidential files contained in the Pandora Papers, which were leaked from 14 financial services firms that set up shell companies and offshore nooks for their clients. The Pandora Papers revealed the financial secrets of world leaders, oligarchs, mobsters and more, exposing a shadow economy that benefits the wealthy and the well-connected.

The investigation surpassed previous ICIJ leaks, including the 2016 Panama Papers, in scale, and triggered government crackdowns and legislative and rule changes in dozens of countries.

“Our message to users of these financial services is: Think hard and take this opportunity to be honest, and pay the tax you owe, because the reputational and financial damage if you don’t can be significant and long-lasting,” Telford said.

“We are giving people a narrow window of time to do the right thing and correct their tax records before we take action.”

Recipients of the letters have 30 days to report taxable offshore income and gains or face fines of up to 200% of any tax owed. The agency warned dishonesty could lead to prosecution.

>>56120210
>And before you start screeching; Bitcoin made most of its gains when the annual inflation rate was more than 50%.

KEK,
Do you forget about 4 Million BTC lost by users which is deflationary , not to mention about miners manipulating supply before pumps ?

>>54703116
Fucking kek I love that this thread is 90% anons kekking and 10% broken souls with the most ridiculous cope