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Viktoria S. Sep 27, 2024
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Thinking about lowering your taxes after seeing an ad from an offshore law firm? Even if it's legal, it could cost you more than you think...

Many businesses are tempted by firms that promote “easy” ways to avoid taxes, but these shortcuts can lead to expensive and long-term damage. The line between tax optimization and tax avoidance is often unclear, and companies labeled as “high risk” face limited banking options and higher fees while exposing their funds to greater risks.

Instead of pursuing short-term tax savings, businesses should focus on ethical, compliant strategies to ensure long-term stability.

Read more: https://www.linkedin.com/pulse/tax-optimization-real-risk-viktoria-soltesz-q7dxf


#pspangels #movingmoney #movingmoneybook #banking #banks #payments #paymentsolutions #paymentconsulting #paymentconsultants #onlinepayments #PaymentChallenges #howbanksthink #thesolteszinstitute #solteszinstitute #solteszframework

Tax Optimization – The Real Risk

Many businesses are tempted by companies offering “easy” ways to avoid taxes, but partnering with firms that promote tax avoidance can lead to seri...

 
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Viktoria S. Jul 3, 2024
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Have you heard? There is a new player in town!
The Wero wallet in EU is a new, strong alternative to existing payment options, fostering competition and potentially reducing costs for users.

The European Payments Initiative (EPI) is a new system designed to unify and improve digital payments across Europe.

The issue is that banks and payment providers will need to integrate EPI into their existing systems, which requires substantial coordination and investment.
EPI also faces competition from established global payment systems like Visa and Mastercard.
And of course, keeping the technology up-to-date to meet user needs and regulatory standards is essential.
But there are some good news too!
The EPI can simplify the fragmented European payment landscape, making transactions easier for consumers and businesses as this new, digital wallet aims to provide instant, secure payments, enhancing user satisfaction.
The EPI also encourages continuous development of new payment methods and services, benefiting the entire market.

Are we happy? or freaked out?
#pspangels #movingmoney #movingmoneybook #banking #banks #payments #paymentsolutions #paymentconsulting #paymentconsultants #onlinepayments #PaymentChallenges #howbanksthink
 
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