View Single Post
Old 08-20-2015, 12:22 PM  
k0nr4d
Confirmed User
 
k0nr4d's Avatar
 
Industry Role:
Join Date: Aug 2006
Location: Poland
Posts: 9,228
Quote:
Originally Posted by dyna mo View Post
according to the other gold thread, these guys are knuckleheads for turning it in to the authorities.
The other gold thread is for 500 grams, easy to get rid of quietly. Harder to get rid of 300 tons... They did the intelligent thing - They are legally entitled by the law here to 10% of the find, and for $100mil/370mil PLN they are set for life for 3 generations here. They have to pay 19% income tax on it.

If they didn't report it and had suddenly a billion dollars in gold that they couldn't buy anything with because it's untaxed money...
k0nr4d is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote