Fine Art: the world’s most secret tax scam
How fine art is used to evade taxes, and how the fine art market is a scam. In this video, I'm uncovering one of the least well known things in the global tax evasion scene: how fine art is used by people to evade taxes.
You might think that whenever you hear of some painting selling for a ridiculous amount of money, that it's just a collector wanting to buy something nice for their wall. And yes, sometimes it is… but sometimes, it's an elaborate scheme used to dodge taxes in a big way.
Fine art has been used for a long time to manipulate the way the ultra-rich pay tax, hide their money, as well as even launder cash. And hopefully, I'm going to reveal a little of that to you in this video.
Good video to help normies understand how the world really works.
https://www.youtube.com/watch?v=p__7ndRU6Ho