Who is objecting to Cameron's attempts at creating greater tax disclosure in the UK's Overseas Territories? Bermuda.
Where does Google hide its profits after they've shipped them out of Ireland? Bermuda.
Who doesn't like being called a tax haven? Bermuda.
Just a coincidence? I suspect Bermuda isn't telling.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
The obvious reaction is to say something about The Bermuda Triangle and disappearing assets and liabilities. But it is 45600 that comes to mind. Apart from all that in the typical hurricane season several swing into the Bermuda area although usually losing strength to become storms or low pressure systems. But there are times when it is a close call. So there is a chance, however slight, of a big bad one wrecking the island. You may imagine that Google ought to have off shore backup but what if it doesn’t?
Demetrius – perhaps it should establish back-up facilities at 45608. No risk of hurricanes there and close links to the City.