This is the scenario:
Let's say somebody incorporates a company in HK or UAE or Singapore.
Passport from Spain.
If he/she declares he is resident in Philippines (to avoid any AEOI/CRS stuff), without being really one anymore, what could be the chances the Spanish gov finds out?
Is there a chance the HK/Singapore/UAE finds out?
Honestly, everybody freaked out back in 2016 about AEOI.... Till date I still don't know of any case of people having trouble with the tax office of their own EU country.
Let's say somebody incorporates a company in HK or UAE or Singapore.
Passport from Spain.
If he/she declares he is resident in Philippines (to avoid any AEOI/CRS stuff), without being really one anymore, what could be the chances the Spanish gov finds out?
Is there a chance the HK/Singapore/UAE finds out?
Honestly, everybody freaked out back in 2016 about AEOI.... Till date I still don't know of any case of people having trouble with the tax office of their own EU country.