Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

Banks Are the Largest Abusers of Offshore Tax Havens

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Washington’s Blog
Wednesday, May 6, 2009

Enron was lambasted for using offshore tax havens and complicated corporate structures to avoid paying taxes.

But the big banks are worse.

As the Financial Times notes:

In recent separate surveys by the US Government Accountability Office and the Tax Justice Network, the largest user of tax havens in every country surveyed was a bank. Tax authorities have enormous problems puzzling out these structures. If they can, it is often hard to characterise them as shams.

Banks Are the Largest Abusers of Offshore Tax Havens obama 340x169

This article was posted: Wednesday, May 6, 2009 at 3:32 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Did Obama Order National Guard to Stand Down in Ferguson? See the rest on the Alex Jones YouTube channel.

Guccifer: Pennsylvania City to be Nuked Next Year See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.