a hundred dollar bill weighs a gram and is worth $100, a gram of gold is worth $145. However you’ll pay income tax on the gold profit when you sell to get your cash.
To be fair, I don’t know exactly how we’re getting this cash, but chances are it’s also taxable. Maybe you could get away with it, but that’s a lot of millions to hide.
a hundred dollar bill weighs a gram and is worth $100, a gram of gold is worth $145. However you’ll pay income tax on the gold profit when you sell to get your cash.
Nah, I know a guy.
To be fair, I don’t know exactly how we’re getting this cash, but chances are it’s also taxable. Maybe you could get away with it, but that’s a lot of millions to hide.
Thats why you borrow against it :)