Community | May 06, 2009 | 1 comment

How tax havens helped create the financial crisis

source: http://www.ft.com/cms/s/0/96ec9414-39a6-11de-b82d-00144feabdc0.html

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atomiclegion
Banks employ large teams of highly paid people to devise transactions mainly for the purpose of avoiding tax. These activities seem to be far more profitable than the humdrum business of managing payments and channelling savings towards investment. Why?
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1 comment // How tax havens helped create the financial crisis

  • Lecti
    • 0
      Lecti  

    • Hello atomiclegion,

      Congratulations: Your story is now featured in our News Channel. Tell all your friends.

      Lecti
      Online Community Team

    • 3 years ago
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