Tax havens prove alluring to China
Tax havens prove alluring to China
- April 19, 2014
- Bill Maurer, anthropology and law professor and social sciences dean, is quoted in the LA Times April 19, 2014
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From the LA Times:
[LETTERS] Like many Chinese tech and new-media firms, e-commerce giant Alibaba makes
use of offshore corporate vehicles in the Cayman Islands. The other Chinese company
mentioned in your article, Weibo, is also incorporated in the Caymans. Given that
the IRS' tax filing deadline was April 15, it seems fitting to note that the attraction
of the American exchanges for Chinese companies is not just better infrastructure
and potential higher valuations, as your article suggests, but the convenience of
offshore tax havens on our doorstep. Bill Maurer, Long Beach
For the full post, visit http://www.latimes.com/opinion/editorials/la-le-0419-saturday-tax-havens....
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