Kenneth Rijock

Kenneth Rijock

Wednesday, April 22, 2020

SOME EU COUNTRIES ARE REFUSING TO PAY STIMULUS MONEY TO COMPANIES REGISTERED IN TAX HAVENS

A number of EU Members are, as a matter of policy, refusing to grant any economic stimulus payments to companies incorporated in the world's Tax Havens. The rationale is that these companies have artfully evaded EU taxes, and therefore should not look to the nations where they operate to keep them afloat; they can use their tax savings for that purpose. We agree with this logic.

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