Tax havens are hatching extravagant and increasingly desperate strategies to counter the threat to their existence posed by President Barack Obama’s plan to outlaw US businesses from using offshore tax havens.
“We’re sweating bullets over here, I don’t mind saying,” said J Dexter Craven, business development director at the Cayman Islands Tax Efficiency Task Force. “We’ve had a team working on what to do about this since...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.