muses of the moment

November 16, 2012

A tax avoidance lesson

Filed under: Odds 'n ends, Taxes — totallygroovygirlfriday @ 2:54 am

from the companies that use it today….

Click here.

In the end, the parent companies borrow the money back at high interest rates, which they can then claim in their home countries as operating expenses, reducing profits and, by extension, their tax liability.

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