4 ms·

Tax havens have a reputation to preserve?

• smcl 5y ago
  Well yeah they have a reputation as a place that can be reliably used as a tax haven.
• socks 5y ago
  I live in an offshore jurisdiction. They have reputations - but 'tax efficiency' is just one factor of many. Others would be how stable the legal system is / how often do laws change / what regulations are optimised for your particular company finances / how reliable the government is etc. You wouldn't want to move your very wealthy multinational company structure somewhere that could collapse or be somewhere where your company could not get financing etc.
  • jeofken 5y ago
    Very curious about Georgia for this
    • smcl 5y ago
      As in Georgia the US State or Georgia the republic in the caucausus? Or I guess it could be South Georgia, given the original post is also about a British Overseas Territory
      • jeofken 5y ago
        I mean the country in the Caucasus, sorry I didn’t think about the American state
• deepstack 5y ago
  Wonder what happens if there are no more tax haven period. Just wonder what they going to do with that 50 plus trillion dollars. Be good to invest in education and infrastructures.