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The article you linked to requires login, so it's difficult for me to comment on what's written there. -- The viewpoint I'm coming from is this: Go to https:/
by stakhanov 8y ago
The article you linked to requires login, so it's difficult for me to comment on what's written there. -- The viewpoint I'm coming from is this: Go to https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates Sort by corporate tax rate. Look at the ones that say 0%. Notice how many of them are island nations. The list goes Anguilla, Bahamas, Bahrain, Bermuda, Cayman Islands, ...
- JeanMarcS 8y agoI think it’s because it combines 2 factors. First, those islands hadn’t other ressources to sell. So to attract money in their banks they started no tax laws And then it’s a nice place to spend a couple of days since they build hotels with the money they won on getting the no tax regulation.