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0 pointsr_lee5mo ago0 comments

That's the blessing of the KYC/AML laws/regulations for ya.

Moving money needs source of funds, documentation etc... doing any business requires you to doxx yourself to the world and to vendors in the name of transparency.

Luckily though none of this is a problem for large multinationals :) which the EU cares about most in the end

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lifestyleguru5mo ago

So after you paid income tax, then capital gains tax while accumulating, and about to pay VAT tax while purchasing something, they say "hold on, this money looks illegal!". Savings don't have documentation in form of recent payslip or deed of sale.

The yachts and private jets on European harbors and airports don't look like their owners have any problem with money transfers. Wirecard billions? poof, vanished!

If feels as if elites were in process of cutting off everyone else.

j / k navigate · click thread line to collapse

0 comments

lifestyleguru5mo ago

The yachts and private jets on European harbors and airports don't look like their owners have any problem with money transfers. Wirecard billions? poof, vanished!

If feels as if elites were in process of cutting off everyone else.

j / k navigate · click thread line to collapse