Ever since, on October 16, 1962, President John F Kennedy took time out from the Cuban Missile Crisis to sign the world's first Controlled Foreign Corporation (CFC) legislation into law, it has been becoming harder and harder for residents of the planet to park their savings tax free within companies in foreign jurisdictions. Israel has…
A story about a Dutch company that did the rounds of the world's press on April 23 got me checking whether the Netherlands, ever the laid back pot-smoker of Europe, celebrated April Fools' Day a few weeks late. In a grand press conference it was announced that candidates are invited to apply for a one-way ticket to…
M.A.D. has to be the best acronym ever. "Mutual Assured Destruction" is what the world looked like it was heading for 50 years ago this week when the young John F Kennedy faced down Nikita Khrushchev in the Cuban Missile Crisis. October 16, 1962 has gone down in history as the morning National Security Adviser McGeorge Bundy…
Tax Break 