Re: Tax Avoidance?
These schemes are not usually completely legal. They are 90% legal, but they involve a step like inflating licensing fees or having the money pass through a secret shell company in a tax haven, and lying to the governments and tax offices about the ownership arrangements. Relying on the secrecy of the tax haven to prevent the lie being proven.
This is why the Panama papers were so significant. They proved that the actual arrangements were different to those reported to authorities.
A tax system that takes people's word and can only verify the truth if a secret tax haven discloses key information (which they are set up never to do) - is broken.
Biting the hand that feeds IT
