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1 July, 08:46

What are the methods used by government to seize assets of foreign firms

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  1. 1 July, 10:06
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    Asset forfeiture is the way to seize the assets of a person. United States can do with IRS.

    Explanation:

    Government of a country not only has the right gto seize away the cash of a person but the government has the right to seize away the house or a car of the person also.

    Any of the asset of a person or a company which is tainted with any criminal activities in the eyes of the government or in the eyes of the law can be seized by the government of a country. The foreign assets can also be seized by the government.
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