> If it was advantageous for individuals to set up European subsidiaries for tax purposes, I guarantee everyone would be doing it, "moral compass" be damned. T

> If it was advantageous for individuals to set up European subsidiaries for tax purposes, I guarantee everyone would be doing it, "moral compass" be damned. To a certain degree that already happens. U2 are often disliked in Ireland because they have a Dutch tax set up, so they hardly pay any taxes in Ireland. People even sneak "Pay your taxes" ballons into concerts, like this one at Gastonbury ( http://www.theguardian.com/commentisfree/2011/jun/28/glastonbury-u2-tax-protest http://www.theguardian.com/commentisfree/2011/jun/28/glaston... )