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Google doesn't use cash to avoid tax.
OK, I have occasionally paid workmen in cash to avoid VAT.
It needed the cash to avoid a potentially damaging downgrade of its credit rating.
The church has also been accused of paying priests in cash to avoid social welfare payments and taxes.
But AIG needs more cash to avoid a downgrade in its credit rating which would undermine credibility in its insurance.
So you've decided to part with your hard-earned cash to avoid the M6 rush hour hell.
Similar(21)
He has also proposed a corporate tax repatriation plan – to encourage US companies which hoard cash overseas to avoid paying the 35% tax to bring that cash back to the US.
That would free the buyout firm from having to make regular cash injections to avoid default.
"Would I have made cash payments to avoid VAT? No, I certainly would not".
Mr. Davis, 51, and Steven Hamberg, 41, pleaded guilty to one count each of embezzlement and conspiring to structure cash transactions to avoid I.R.S. reporting requirements.
Meanwhile, Cerberus and its auto financing company need to obtain cash fast to avoid the risk of breaking loan covenants on Dec. 31.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com