November 30, 2022

Cayman Islands, economic powerhouse – Bank of America alone has 143 subsidiaries there

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By The Tax Justice Blog From The Raucous Rooster According to Institute on Taxation and Economic Policy Executive Director Matt Gardner, “On paper, at least, the Cayman Islands is an economic powerhouse. The latest data from the Internal Revenue Service show that U.S.-based corporations claim that their subsidiaries earn $51 billion a year there, an […]