Basically, it's legal as long as it still within "National Interest"They draw it wherever they feel like it. It is a grey area since in theory what she is doing is legal. But government can always claim intention. So it would be up to the government whether to look the other way or not
At this point they will for sure look the other way since if they go after her they risk crashing the economy and embarrassing themselves. But once things settle down the government can use it as a form of blackmail
It's mostly Ichijo and his guys, so she's in a good place.Thanks! Lol you'd think they'd have some intimidating bodyguards just outside the fence/onstand by unless she's also cutting corners or so (but another chance to give the other workers a backstory)
I mean idk how illegal it is but i'm sure there are 'tax shelters'/shell companies where it's technical legal due to a loophole or whatever but hope she has a really good lawyer/accountant team on retainer if so
Well... when's the economy is fragile, they wouldn't really raise rates. And since it's secured in USD, it reduces Japan-risks I think?With such a fragile economy, what MC is doing is quite risky. One wrong step and the interest rates will skyrocket and make her loans so much more expensive
Such a mad lass, she is. But that's what makes her adorable.still steadily INCREASING?
fate of japan rests [on me]?
That line goes really hard what? Gotta follow this girl to the depths of hell.
Tax Avoidance, not Evasion. Important Distinction.It sounds and feels illegal, but is actually completely legal.
Thanks for pointing that out, we're looking into itPg6, “in other words, the fate of japan rests” -> seems “on us/me” got cut off there?
Spoken like a true American.Of course, Tax Evasion is a Birthright, It's a must...
In a sense, there are no loopholes, just tax advantages waiting to be used to reduce taxes.Well, there should be a definition government can use to draw the line on where they can confidently accuse an entity as intentionally avoiding tax, even if it’s within legal loophole. Like, it’s not usually wrong for someone to invest, own, or operate business abroad.
Where do they usually draw the line?
While true, the entire point of that chain of shell companies is to protect Runa, is it not? Avoiding taxes is just a bonus.Tax Avoidance, not Evasion. Important Distinction.
Also, what can you gain if you bet 1 trillion yen on 2008 financial crisis?
It shouldn't be known that a child literally runs the second largest economy in the world.While true, the entire point of that chain of shell companies is to protect Runa, is it not? Avoiding taxes is just a bonus.
I think she is safe as long as they pay the taxes on foreign income for Japanese citizens. I think what they are doing is to avoid the costs and taxes of converting the wealth to Yen.They draw it wherever they feel like it. It is a grey area since in theory what she is doing is legal. But government can always claim intention. So it would be up to the government whether to look the other way or not
At this point they will for sure look the other way since if they go after her they risk crashing the economy and embarrassing themselves. But once things settle down the government can use it as a form of blackmail