NPR: Corporate Profits Take Permanent Vacation In Caymans And Bermuda
media mention“Matt Gardner, executive director of the Institute on Taxation and Economic Policy, is one of the study’s authors. He says: ‘In many tax havens, it’s easier to set up a subsidiary than it is to get a library card. Very often there is little asked of the company in terms of who owns it [and] what they’re doing with it.'”