Relevant and even prescient commentary on news, politics and the economy.

The Tax Free Tour; a look at the offshore tax haven system

We’ve all talked and read about the idea and practice of offshore accounting to reduce taxation. Here is an article produced by a show called Backlight.  Backlight appears to be a news journal show in the idea of Frontline by a Dutch public broadcasting organization known as VPRO. This episode is titled: The Tax FreeTour.  […]

Much of MNEs’ "offshore" (and hence untaxed) cash hoards held onshore

by Linda Beale Much of MNEs’ “offshore” (and hence untaxed) cash hoards held onshore The Wall Street Journal, in its editorial pages a great friend to big business and low taxes for same, had a decent front-page article  on the corporate hoard of cash designated as “permanently invested offshore”.  In fact, much of that cash […]

Dell’s Offshored Cash Hoard and Fair Taxes

by Linda Beale Dell’s Offshored Cash Hoard and Fair Taxes As most people who follow mergers, acquisitions and other mega transactions are likely aware, Michael Dell wants to take the company he founded private in a leveraged buyout. LBOs, of course, use the company’s own assets as collateral for debt to purchase the company–one of […]