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 Disgraceful: Bermuda - the world's former 'No.1 tax haven' - joins fight against multinationals

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PostSubject: Disgraceful: Bermuda - the world's former 'No.1 tax haven' - joins fight against multinationals   Mon Jan 23, 2017 6:50 pm

Bermuda the world's former "top tax haven" has joined the Organisation for Economic Cooperation and Development's fight against multinational profit shifting.



Bermuda disputes it is a tax haven despite companies such as Apple and Google in the past being accused of using the British overseas territory to minimise the taxes through a tactic dubbed as the "Double Irish with a Dutch Sandwich".

http://www.smh.com.au/business/bermuda--the-worlds-former-no1-tax-haven--joins-fight-against-multinationals-20170123-gtwzgb.html
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Disgraceful: Bermuda - the world's former 'No.1 tax haven' - joins fight against multinationals

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