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I agree with this move and think it would have a better chance of sticking if they could build a concensus amongst reasonable countries to enact very similar laws and penalize companies that attempt to evade their responsibilities with offshore tax arrangments.

Isn't Holland where U2 have parked their money for tax reasons ? Shouldn't they clean that up while they're at it ?

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon May 19th, 2008 at 06:06:38 AM EST
[ Parent ]

As I said before:
As I understand it, the members of U2 are personally either resident in the US or Ireland for taxes.

How come the media can't be trusted to tell the truth unless it's a negative story about someone rich?

by Colman (colman at eurotrib.com) on Mon May 19th, 2008 at 06:19:19 AM EST
[ Parent ]
There is a difference between where an individual resides and where their various legal entities pay taxes

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Mon May 19th, 2008 at 06:53:32 AM EST
[ Parent ]
We can trust the media to tell a negative story about someone rich?

I must be watching the wrong news channels.

Any idiot can face a crisis - it's day to day living that wears you out.

by ceebs (ceebs (at) eurotrib (dot) com) on Mon May 19th, 2008 at 06:57:09 AM EST
[ Parent ]

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