COMPANIES SHOULD CAREFULLY AND CONTINUOUSLY ASSESS OFFSHORE TAX POLICIES TO PROTECT REPUTATIONS – SAY EXPERTS

COMPANIES using offshore tax jurisdictions need to assess whether their strategies can be branded unethical, as well as illegal, causing them reputational as well as financial damage. They need to assess whether the risk is worth taking. Poorna Rodrigo reports.   The series of data dumps, such as the Panama Papers, and the recent Mauritius Leaks have continued to tarnish the reputation of offshore tax havens, but experts stress that properly used, a positive case can be made for offshore tax policies. Daniel Bunn, director of global projects at ...


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