You say :
I didn't read the references given(ie the links above)
OK fine,the thread is about Ubuntu=Canonical Company
Canonical has registered 3 Companies in the Isle of Man
which is a recognized tax haven(read links)
My Question here is that this raises anEthical
question.
+ Is spyware an ethical practice?
DEFINITION of 'Tax Haven'
A country that offers foreign individuals and businesses little or no tax
liability in a politically and economically stable environment. Tax havens
also provide little or no financial information to foreign tax authorities.
Individuals and businesses that do not reside a tax haven can take advantage
of these countries' tax regimes to avoid paying taxes in their home
countries. Tax havens do not require that an individual reside in or a
business operate out of that country in order to benefit from its tax
policies.
These are non transparent business practices and i consider that this
information shows another aspect of the Ubuntu Canonical Company.
Unless there is evidence to support that Canonical has obeyed orders from
organizations which control this "tax heaven"
AFENO Companies do no get orders nor obey to organisations...they purposely
register in order to evade tax.
Quote:
There are many tricks used to shift money offshore, and a pinstriped army of
accountants and lawyers to help people do it. The commonest technique is one
called transfer pricing, employed by pretty much every multinational.
This is how it works. Let’s say a corporation picks and packs a
container-load of bananas in Ecuador, and it costs the company $1,000. It
sells them to a French supermarket for $3,000. Which country gets to tax the
$2,000 profit – France, Ecuador? The answer is, “Where the
multinational’s accountants decide.”
http://www.theguardian.com/business/2015/jun/19/tax-havens-money-cayman-islands-jersey-offshore-accounts
https://en.wikipedia.org/wiki/Luxembourg_Leaks
