Archive | June 8, 2017

Unprofitable subsidiaries becoming new tax haven for multinational corporations

08 Jun
multinational corporations

The study’s findings shed light on a tax planning strategy that is not currently focused on by governments, which tend to focus their efforts on firms who move their money from countries with higher taxes to lower tax-rate countries to save. “Governments expend considerable effort to prevent their tax bases from being eroded by companies […]