Yeah... I was perplexed too. The guy keeps buying apartments from what I've been told to avoid paying this tax or at least to not have much cash at the bank to be taxed.
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Yeah... I was perplexed too. The guy keeps buying apartments from what I've been told to avoid paying this tax or at least to not have much cash at the bank to be taxed.
I wonder if they would tax if you spend everything to buy gold
I don't know the specifics. There may be a threshold from where this kind of tax is applied, as this guy has high revenues and is not a big spender. While I know him personally and we meet occasionally, we never talked about such stuff directly.