Banks help foreigners avoid taxes

iVillage Member
Registered: 10-25-2006
Banks help foreigners avoid taxes
1
Thu, 09-11-2008 - 8:39am

Can all of you who are anti-government and anti-regulation support the investment banks of good ol' corporate America? Billions in tax revenue from foreigners were lost because of the lack of regulation.

http://biz.yahoo.com/ap/080910/dividend_tax_abuse.html

-----------------------------------------------
http://www.pnhp.org/news/2009/october/meet_the_new_health_.php

http://www.youtube.com/watch?v=DQTBYQlQ7yM

iVillage Member
Registered: 07-03-2008
Thu, 09-11-2008 - 8:46am
They probably are doing this because our wonderful billionaire investers are avoiding paying tax here because of their investments in Swiss banks,etc.