consultants are sandburs

Saturday, May 14, 2016

A tax haven for scoundrels.

Reporting, here, noting a nation which:

is a prime offender in the global race-to-the-bottom among corporate tax scofflaws [... where] global economic watchdogs (including the less-than-incendiary-leftist sachems at the International Monetary Fund) announced that they would likely serve as yet another loophole-ridden refuge for footloose global tax-dodging concerns.

[...] The Tax Justice Network, which tracks compliance with such protocols, ranks [... this nation, not Russia] as the third-worst national performer, behind only Switzerland and Hong Kong. [... It] “provides little information in return to other countries, making it a formidable, harmful, and irresponsible secrecy jurisdiction at both the federal and state levels”.

Yep. Tax avoidance as a major league sport.

No comments: