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Under-the-table diamonds

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trichrome

Shiny_Rock
Joined
Dec 9, 2002
Messages
397
I''ve seen a lot of comments on this forum about "deals to good to be true". I think
that one of the reasons why a deal might look so good is because the
diamond was bought by the jeweller under the table, escaping
the 15% regular tax + 10% excise luxury tax here in Canada. This black market
represents one major part of the diamond selling industry here in Canada. What do
other members of this forum think about that?
 

justme

Shiny_Rock
Joined
Dec 5, 2002
Messages
184
Anytime that ethics and morals are compromised you should be concerned - it's a slippery down slope. Where does it end - and in the end did you really 'WIN'?
 
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