You can also take deductions for costs relating to criminal activity! - eviltoast
  • cuerdo@lemmy.world
    link
    fedilink
    arrow-up
    17
    ·
    9 months ago

    So, if you declare that money it is already clean?

    If I declare 100m of selling coke, and pay 60m in taxs, the remaining 40m are clean?

    • Tar_Alcaran@sh.itjust.works
      link
      fedilink
      arrow-up
      32
      ·
      9 months ago

      No, paying income taxes isn’t money laundering. Those two are totally unrelated.

      Also, money laundering doesn’t make it not-a-crime to have dirty money, it just makes it harder to trace the crime. It is, in fact, a crime in itself.