Monday, March 25, 2013

How The Rich & The Corporations use Tax Havens to avoid Taxes




"Where do multinationals pay taxes and how much?" Gaining insight from international tax experts, Backlight director Marije Meerman ('Quants' & 'Money & Speed'), takes a look at tax havens, the people who live there and the routes along which tax is avoided globally. Those routes go by resounding names like 'Cayman Special', 'Double Irish', and 'Dutch Sandwich'. A financial world operates in the shadows surrounded by a high level of secrecy. A place where sizeable capital streams travel the world at the speed of light and avoid paying tax. The Tax Free Tour is an economic thriller mapping the systemic risk for governments and citizens alike. Is this the price we have to pay for globalised capitalism? At the same time, the free online game "Taxodus" by Femke Herregraven is launched. In the game, the player can select the profile of a multinational and look for the global route to pay as little tax as possible.

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1 comment:

  1. ARTSLOGICMarch 26, 2013 at 11:30 AM

    well we are getting somewhere after all, somehow on a certain way we should not need banks as they are configured now, as a national central bank and ATM machines can become the first steep towards a new form of transferring currency. so you can buy what ever you wish with a minimum of interception from bankers and IMF world bank gangsters.

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