OffshoreAlert
Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.
RSS Feed Print
Leading article: Offshore tax deals - legal but wrong
David Marchant
Posted: Friday, April 6, 2012 8:45 AM
Joined: 9/13/2007
Posts: 852


The Independent: How about a "Double Luxembourg", or perhaps a "Double Irish", or even a "Double Irish Dutch Sandwich"? When it comes to avoiding corporation tax, there is certainly no shortage of options. The scandal, therefore, is not so much that Amazon pays barely anything to the British exchequer in relation to its £3bn-plus UK operations; the scandal is that such elegant accounting two-steps are entirely legal.

Read Full Article.


 

Jump to different Forum... 
OffshoreAlert Conference London 2015

OffshoreConnect Free Sign Up

Stay informed & connected

  • Free Email Alerts on Breaking News
  • Free Access to Blogs by Industry Leaders
  • Free Contribute to Due Diligence Forums
“Penultimate” beneficial owners in Ukrainian companies
Dmytro Marchukov
  14 October last year Ukrainian parliament passes an updated – FATF-oriented – law with an overly optimistic and catchy title “On Preventing and Combatting Legalization (Laundering) of the Criminally Acquired Income, Financing of Terrorism and Financing of Proliferation of Weapons of Mass Destruction” (a.k.a. An