Which of the following is not a practice designed to reduce global illicit activities?

Question

Quizplus · Accepted Answer

Differential taxation is not a practice specifically designed to reduce global illicit activities. It refers to the different tax rates applied to different types of income or taxpayers. On the other hand, name-and-shame campaigns, socially responsible investing, and know-thy-customer procedures are all practices that aim to reduce illegal activities such as corruption, money laundering, and terrorism financing.

Which of the Following Is Not a Practice Designed to Reduce