Thailand ranked eighth in illicit financial outflows, study finds

[bangkapi]

il·lic·it, i(l)ˈlisit/

adjective: illicit

forbidden by law, rules, or custom.

"illicit drugs"

synonyms:

illegal, unlawful, illegitimate, criminal, felonious;

If the authorities know it's illicit, why is nothing being done?

Why are no western countries illicit financial outflows tabulated?

The entire debt-based, fractional reserve system of worthless paper currency that most of us have to work for is illicit.

[gandalf12]

The US, of course, must be on this list, with all its corporations and billionaires parking their money offshore to avoid taxes.

Maybe the UK and other Euro countries, too. Wonder how they kept themselves off?

Tax avoidance is legal only evasion is illegal so having money offshore is not necessarily illegal

[elgordo38]

The US, of course, must be on this list, with all its corporations and billionaires parking their money offshore to avoid taxes.

Maybe the UK and other Euro countries, too. Wonder how they kept themselves off?

Tax avoidance is legal only evasion is illegal so having money offshore is not necessarily illegal

Discuss it with the tax office and see if they rule in your favor ha ha ha.