Tax risk is with borrowers, not lenders
Talking Finance: With so many debts being sold off to non-banks, a new problem has emerged
The reason many of us don’t understand or think about complicated and aggressive tax avoidance schemes is because our livelihoods don’t depend on them. The vast majority of people do things that fall within regular accounting practices.
But let’s discuss something related to tax compliance that may be an issue in the property market soon and which qualifies under the ‘didn’t see that coming’ category.
With so many debts being sold...
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