These sort of tax haven arrangements are commonplace with almost all multinationals, which basically means almost all non-SME corporates these days. There's a

These sort of tax haven arrangements are commonplace with almost all multinationals, which basically means almost all non-SME corporates these days. There's a very good book on the subject, which is pretty shocking even if you work in finance (but not offshore tax accountancy or law): "Treasure Islands: Tax Havens and the Men Who Stole the World" http://www.amazon.com/Treasure-Islands-Havens-Stole-World/dp/1847921108/ref=sr_1_2?ie=UTF8&qid=1320671026&sr=8-2 http://www.amazon.com/Treasure-Islands-Havens-Stole-World/dp...