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Author: BlueGrits Big gold star, 5000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1961832  
Subject: Re: Now UK goes after Caliph Tax cheat!!!! Date: 11/30/2012 5:55 PM
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You didn't give a link, but if they're using the method implied by the tidbit you gave, it's hardly new. Multinational corporations have ways of exporting profit (so to speak) to low tax countries as a way of making it appear that little/no profit is made in the actual country of sale. IBM was in the news for this about 20 yrs ago as Gerstner began large scale financial engineering.
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