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Tax Avoidance and Tax Havens

Posted on March 19, 2013 by Chris P aka Pipa

Pay your TAXES so corporations don't have to !! Individuals and companies all have to pay taxes. But some of the world’s wealthiest individuals and multinational companies, able to afford ingenious lawyers and accountants, have figured out ways to avoid paying enormous amounts of taxes. While we can get into serious trouble for evading payment of taxes, even facing jail in some countries, some companies seem to be able to get away with it. Facebook's New Zealand arm paid only $14,497 tax in the last financial year. Christian Aid explains how.

Posted in tax Avoidance