gsvol
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- Aug 22, 2008
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yep. Ireland's corporate tax rate is something like 18.5%, roughly half that of the US.
Are you familiar with the tax structure of Liechtenstein?
A few years ago a Nobel prize winning economist from Chicago was fined $60 million for tax violations.
He set up several tax exempt corporations with one American based for profit corporation and all he had to do to get by with his paper shuffle scam was let that company make money, but when he found a million on the table, he gave himself a million dollar bonus and because of that violation the whole house of cards collapsed and he had to pay the fine or go to prison.