This is a discussion on Depositing money in diff. accounts based on Income threshold.. Is it ethical? within the Banking forums, part of the Business Finance category; I was just wondering if it is ethical (for lack of a better word) to deposit an amount of money ...
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I was just wondering if it is ethical (for lack of a better word) to deposit an amount of money from a high income earner to a low income earner's bank account, in order to earn interest with less income-tax incurred on the interest?
I hope this made sense. Thanks! |
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