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Can Fiscal Offences such as tax evasion predicate Money Laundering?

Finance
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Question added by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town
Date Posted: 2014/03/12
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Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

It depends upon the definition of crime contained within the money laundering legislation of a particular jurisdiction.

Tax evasion and other fiscal offences are treated as predicate money laundering crimes in most of the worlds most effectively regulated jurisdictions.

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