Quote:
Originally Posted by dyna mo
according to the other gold thread, these guys are knuckleheads for turning it in to the authorities.
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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...