A key feature in many obfuscated corporate structures designed to avoid tax is differing corporate structure declarations in different tax juristictions. As co

A key feature in many obfuscated corporate structures designed to avoid tax is differing corporate structure declarations in different tax juristictions. As companies are made up of many different sub companies by declaring your corporate structure as one way to the US tax authorities and another to the, say, Luxembourg tax authorities you can make intra group loans appear and disappear from different sets of accounts. And as a result the costs and, crucially, income from those 'loans' materialise wherever you want. Or not appear at all.