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gcbw2 | 6 years ago

> All they have to do is ask, and you better not lie.

because asking everyone how much they have in offshore tax havens is working so well.

heck, not even when the information is given to the IRS anything happens: https://en.wikipedia.org/wiki/Panama_Papers#United_States

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fooey|6 years ago

Offshore tax havens don't turn over their records to the IRS

US based coin exchanges like Coinbase do

wrong_variable|6 years ago

What prevents Coinbase to go offshore then ?

TuringNYC|6 years ago

Offshore tax havens are for the wealthy, who are largely immune to these things.

g00s3_caLL_x2|6 years ago

The 'wealthy' and corporations have the finances to pay for accountants and attorneys to set these things up. Most of them are taking advantage of what is legally already there, but no where near common knowledge. Wading through tax code is a struggle at best.