Apr 112009
The Guardian has an article today on why Delaware should be on the list of tax havens needing regulation. The above illustrates it.
Obama please note.
2 Responses to “Obama please note”
Sorry, the comment form is closed at this time.
Richard Murphy on tax and economics
The Courageous State
Richard Murphy
Green Quantitative Easing
Green Quantitative Easing is now attracting considerable political attention. This is where it all started:
Download it
Download it
Recent Posts
- Green today’s quantitative easing
- Caroline Lucas, the Green New Deal and green quantitative easing
- If you’re going to prosecute
- Redknapp
- Jersey really does permit sham trusts
- Liberal Left
- All over for the German – Swiss tax deal?
- EU Robin Hood Tax would boost growth, say experts
- I guess the Swiss think we’re stupid
- Austerity isn’t working: progressive alternatives to Tory slash and burn
- Want to know why HMRC bad debt was £10.9 billion? Simple: they sacked the debt collectors
- If HMRC bad debt is £10.9 billion their estimate of the tax gap has to be massively wrong
- The American right wing turn on the old – and it’s a trend we’re bound to see copied
- The EU makes clear it is at war with Swiss banking secrecy, whatever Dave Hartnett thinks
- We won’t be selling QE’d gilts back into the economy – it just won’t be possible
How tax can save us from cuts
| © 2005 - 2011 Tax Research UK. Some rights reserved.  |
Suffusion theme by Sayontan Sinha |
Just from reading the article, I am not sure I understand what makes Delaware a tax haven. Is it just because of the lower taxes? But the article makes no mention of any secrecy or exchange of information problems. Unless those things are present, why can’t other states or nations whether the economic activity is carried on by these delaware registered corporations simply take their “share” of taxes at the source?
Mike
It’s secrecy that does it – not tax
No one knows who owns these companies
Richard