Comment on Is someone safe if they report income from illegal means to the IRS?

slazer2au@lemmy.world ⁨5⁩ ⁨months⁩ ago

• EleventhHour@lemmy.world ⁨5⁩ ⁨months⁩ ago

  Now no person is going to directly report the drug money, it will be reported via a front company where cash transactions are normal and expected.

  aka money laundering

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• best_username_ever@sh.itjust.works ⁨5⁩ ⁨months⁩ ago

  Why would the [government] need to know [whether money has been illegally acquired or not]?

  I think you have the answer to your question.

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  • slazer2au@lemmy.world ⁨5⁩ ⁨months⁩ ago

    I didn’t say government, I said IRS.

    The FBI however, they would like to know.

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    • best_username_ever@sh.itjust.works ⁨5⁩ ⁨months⁩ ago

      I’m not American though. I didn’t realize that the IRS is not a branch of the government and definitely does not share its data with other people.

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      • slazer2au@lemmy.world ⁨5⁩ ⁨months⁩ ago

        Still missing the point mate.

        From a tax pov the gov doesn’t care as long as it gets it cut.

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• Maeve@sh.itjust.works ⁨5⁩ ⁨months⁩ ago

  Street preachers?

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