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It does if that corporation is used to conceal income in a way that reduces the local tax base, which could negatively affect the utility of nearly all communal
by nrb 7y ago
It does if that corporation is used to conceal income in a way that reduces the local tax base, which could negatively affect the utility of nearly all communally owned goods/services.
- optimiz3 7y agoCorporations still have to file taxes, unclear how corporate registration requirements lead to tax fraud.
- nrb 7y agoTax avoidance, not tax fraud. The article was about the ease of setting up series of shell companies, which can easily move money around the world in a hard-to-detect way in order to conceal profits made by people, with no way to determine who those people are or what their tax obligations are.