Chereads / American Tax Officer / Chapter 547 - Chapter 277: Accept the Charges, UBS Group!_2

Chapter 547 - Chapter 277: Accept the Charges, UBS Group!_2

Recollecting his thoughts, Jace asked again, "Why is the yield of these two products so high? Explain the reasons to me in detail!"

"It's simple, it's like this..."

"You mean to say, the reason why these two products have such high yields is that they do not require the payment of taxes?"

Having delved deeper, Jace's eyelids twitched.

What is the one thing you should never do in America?

That's tax evasion!

And now with Director David and the IRS clearly targeting Swiss Bank, if they actually found such a significant instance of tax evasion, it would be game over!

"Mr. Jace, strictly speaking, these two products cannot be considered tax evasion and do not violate American regulations..."

The person in charge added.

"How so?"

"According to the explicit regulations of American tax law, this is legal tax avoidance!"

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