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replied 2050d
That doesn't work long term.

Banks will try to establish your owner (tax authority) if they can't do it then they'll close your account.
replied 2050d
Ofc, you can be lucky and slip past the attention of the algorithms they use but you can easily find yourself black listed with a bunch of authorities trying to destroy your life. :)
replied 2050d
Also, volume matters a lot. You can get away with transacting a couple of hundreds or thousands, but once your volume ramps up you'll be definitely targeted.
replied 2050d
Volume is definitely important, yes :)

In case of high volume you need to change tactic.. But then you'll have the money to hire an expert who can make you tax free anyways :)
replied 2050d
There is no such thing as tax free and no tax avoidance scheme is free and or without immense risks.
replied 2050d
Unless you are part of the government or mainstream religious cults.
replied 2050d
It's definitely not without risk. I'm taking the risk though :)