South Korean investors are snapping up gold-pegged stablecoins amid soaring precious metals prices, as part of a bid to avoid hefty tax bills. Crypto trading is not yet subject to any form of taxation in South Korea, unlike gold, which is subject to a 10% value-added tax on physical gold bars and jewelry, as well as trading platforms’ commission fees of around 5%. Those who choose to trade gold via the Korea Exchange, meanwhile, often have to pay 22% capital gains tax. Gold traders must pay over 15% inc ...

Tax Avoidance Strategies - Britons are reportedly using snail farms to dodge taxes [1] Media Coverage - "The Intelligence" featured a story on Britons using snail farms for tax avoidance [1]

Tax Avoidance Trends - The article discusses a new trend related to tax avoidance that Britons are engaging in [1] - The trend involves snails, metaphorically linking the consumption of snails to tax avoidance practices [1]

Tax & Ethics - Taxpaying as an honorable act is a mindset that typically lasts until one actually needs to pay taxes [1] - The overlap between those who view tax avoidance as evil and those who view money as evil is very high, and this sentiment usually lasts until one starts earning money [1] - Consider how world-changing companies like Apple avoid taxes and whether their tax avoidance practices are environmentally conscious [1] Social Welfare & Resource Allocation - Compare the retirement benefits of one's parents to those of local civil servants [1] - Is it not better to donate the money saved to initiatives like free lunches, a village school, or young people on platforms like Xiaohongshu who are willing to rescue cats and dogs, rather than wasting it [1]

Tax Strategy - Big multinational firms are using a specific European region to minimize their tax burden [1] - This region offers some of the world's lowest tax rates, attracting firms seeking profit optimization [1]

Tax Strategy - Big multinational firms utilize a specific European region to minimize tax liabilities [1] - The region offers one of the world's lowest tax rates, attracting profit shifting [1]

Tax Strategy - Big multinational firms utilize a specific European region to minimize tax burdens [1] - Profits are shifted to this region to benefit from some of the world's lowest tax rates [1]

Tax Strategy - Big multinational firms utilize a specific European region to minimize profits [1] - This region offers some of the world's lowest tax rates [1]

Tax Strategy - Big multinational firms utilize a specific European region to shift profits [1] - This region offers one of the world's lowest tax rates, attracting these firms [1] Geographic Focus - The focus is on a "damp corner of Europe," suggesting a specific region with favorable tax policies [1]

Tax Strategy - Big multinational firms utilize this European region to minimize profits [1] - The region offers one of the world's lowest tax rates [1]