n Tax Breaks Newsletter - Multinationals flee to low-tax regimes : low-tax regimes
|Article Title||Multinationals flee to low-tax regimes : low-tax regimes|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Aug 2006|
|Pages||7 - 8|
Extracted from text ... August 2006 7 has done by way of determining a LOW-TAX REGIMES Multinationals flee to low-tax regimes By KATHY THERSBY THE WORLDWIDE trend among multinational corporations to move their operations from high-tax to low-tax regimes has accelerated in the past year, a survey at this year's KPMG international tax conference recently held in Berlin has shown. This year's poll of senior tax executives from 120 multinational corporations illustrated a significant increase in those planning to move assets or operations to low-tax regimes: 62 per cent this year as opposed to 55 per cent in the poll at the 2005 conference ..
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