• SL3wvmnas
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    4 days ago

    I personally know someone who uses something he calls “Dutch reach-around” and while I’m hazy on the details, I know it starts with some complex setup of a charitable foundation in your home country, with real people and real money and a network of firms and other foundations in the Netherlands that are somehow interwoven. He told me “setup is cheap, only 5 million dollars up front, you can ask my tax attorney for the deets”…

    That was a nice move, but no thank you, this is not the kind of money I have lying around.

    Bonus how us firms do it, I imagine this costs also a lot of money up front…