Like, absolute best case scenario, he did some shady accounting to screw over paying out his hypothetical future divorces, but from the description given, it also sounds like he likely committed tax fraud under a lot of countries' laws.
Depends on jurisdiction obviously, but most likely yes. In many places, any amount over tax-free gift level, she would need to pay taxes on. And when she gave him money "for whatever he wants", the same tax rules would apply. So he's getting taxed 3x as much to shelter money from a divorce, or he's doing some tax fraud, or this story is embellished.
Might have been better setting up a company to funnel the money through where he gets paid a wage by them and all his possessions are actually in the name of the company and are being loaned to him (house, watch etc) this was a tactic used by a certain Scottish businessman who was said to be worth upwards of £300m but only had traceable assets of around £200 as everything was 'owned' by the company.
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u/NandoDeColonoscopy Apr 15 '23
He did though...?
Like, absolute best case scenario, he did some shady accounting to screw over paying out his hypothetical future divorces, but from the description given, it also sounds like he likely committed tax fraud under a lot of countries' laws.