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A comment on Hundreds of Companies Seen Cutting Tax Bills by Sending Money Through Luxembourg.

Re:Hundreds of Companies Seen Cutting Tax Bills by Sending M... by rbcgerard on Wednesday November 05, 2014 @05:59PM (#8564784)
Absolutely shocking!

What's funny is we have our own internal tax haven's in the U.S., say Delaware and Puerto Rico to name two...

[ Parent | on HN ]
Re:Hundreds of Companies Seen Cutting Tax Bills by Sending M... by gamblor956 on Wednesday November 05, 2014 @06:12PM (#8564828)
Delaware is not a tax haven; it's popular for its legal environment highly favorable to management of large corporations.

Puerto Rico is currently a tax haven, but only due to a temporary (but very generous) tax incentive that requires people to permanently and physically move themselves and their companies to Puerto Rico.

[ Parent | on HN ]