business methods

Making a new home for patent trolls

I live on an island that often gets bad press for being a ‘tax haven’. Those in the local financial services industry don’t like that term of course, pointing out how standards-compliant the finance industry is, and how many information exchange agreements we have with other countries (the line ‘the lady doth protest too much’ bubbles to the surface in some people’s minds I’m sure at this stage). So, we’re not technically a tax haven according to the OECDdefinition, but we’re certainly a place for people to stash their money and avoid paying tax on the income they derive from it in the juristictions in which they live.

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