Understand the tricks Multinationals use to avoid paying tax
Start Up Blog
FEBRUARY 13, 2016
A jurisdiction where the tax rates are lower, think Singapore, Ireland, the Netherlands, the Cayman Islands. Let’s say the customer is based in “Australia’ the transaction will be recorded as sale with say ‘Singapore’. My monthly $5 gmail account is paid to Google Singapore). Oh, and a ‘Related Party’ is essentially ‘them’.
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