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Sophisticated financial crime is impossible without corporate vehicles.
British corporate vehicles have enabled fraud on a global scale.
Instead, many landlords are scrambling to restructure their properties into corporate vehicles to avoid the tax.
Almost all involved the misuse of corporate vehicles, such as companies and trusts, to the tune of $50 billion.
Much personal wealth is held through shell companies and trusts: empty corporate vehicles, where beneficial ownership is often obscured.
Banks with big offshore businesses have been known to offer their employees incentives to sell corporate vehicles.
Similar(26)
Things are no different in corporate vehicle families.
Britain's National Crime Agency (NCA) has confirmed it is investigating an anonymous corporate vehicle linked to the scandal.
His main corporate vehicle today is a firm called Clearwire, based in his home state of Washington, and loss-making so far.
Mr. Desmarais's primary corporate vehicle was the Power Corporation of Canada, originally an electrical utility whose name took on a double meaning for Canadians.
We need active promotion of alternatives to the conventional corporate vehicle: mutuals, co-operation, not-for-profit and employee-owned enterprises.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com