THEPUBLICGROUP
offshore tax evasion is crime
Individuals and companies all have to pay taxes for society to work. But some of the world’s wealthiest individuals and multinational companies, able to afford ingenious lawyers and accountants, have figured out ways to avoid paying enormous amounts of taxes. While ordinary people can get into serious trouble for evading payment of taxes, even facing jail in some countries, some companies seem to be able to get away with it as an unexpected windfall of gloabalism. Governments resort to taxing the population further to try and make up for the lost revenues from businesses that have evaded their share of repsonsibility for a sustainable fair society.
offshore tax evasion is crime
Individuals and companies all have to pay taxes for society to work. But some of the world’s wealthiest individuals and multinational companies, able to afford ingenious lawyers and accountants, have figured out ways to avoid paying enormous amounts of taxes. While ordinary people can get into serious trouble for evading payment of taxes, even facing jail in some countries, some companies seem to be able to get away with it as an unexpected windfall of gloabalism. Governments resort to taxing the population further to try and make up for the lost revenues from businesses that have evaded their share of repsonsibility for a sustainable fair society.