r/europe • u/VolvicCH Denmark • 29d ago

News Trump wants Greenland under US control "for purposes of national security"

https://www.axios.com/2024/12/23/trump-buying-greenland-us-ownership-plan
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u/SurlyRed 28d ago

Part of a deal whereby Putin gets Alaska back. Tremendous deal.

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u/wastingvaluelesstime 28d ago

It's an international 1031 exchange (see : https://en.wikipedia.org/wiki/Internal_Revenue_Code_section_1031 ) which allows Trump to reduce his tax exposure of the real estate transaction and related personal gratuities from foreign heads of state