If you were to believe popular media narratives, rich Americans would be the number 1 client of most of these firms.
Not my expectation exactly because
The US has relatively low capital gains taxes
This is very euphemistic. The US is a maze of tax havens and loopholes. Some states make it easier to launder art, some make it easier to zero-out income taxes and so on. Plus endless tax benefits “for the sake of the economy”.
So congratz to the US on allowing such nasty behavior inside instead of adding a few more contrived hoops to those who wish to evade taxes…
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Not my expectation exactly because
This is very euphemistic. The US is a maze of tax havens and loopholes. Some states make it easier to launder art, some make it easier to zero-out income taxes and so on. Plus endless tax benefits “for the sake of the economy”.
So congratz to the US on allowing such nasty behavior inside instead of adding a few more contrived hoops to those who wish to evade taxes…