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There will be a catch-all anti-abuse rule empowering governments to close down new loopholes devised by creative accountants.
The statisticians praising one plan, scorning another are in their element.But so, it seems, are the creative accountants in America's hospitals, insurance companies and medical practices.
We'd be inclined to suggest hardship exemptions were it not for the likelihood that creative accountants might make every firm look like a hardship case.
It's a system that Google's creative accountants, Ernst & Young, could doubtless find a way of making legal, laughter being as invisible and slippery a commodity as the online transactions whose virtual existence they magically transport from one theoretical taxation zone to another, but would that make it moral, a distinction that seems to have been deliberately obscured this week?
Synthetic leases are concoctions by creative accountants that effectively enable corporations to borrow money without admitting they are borrowing.
"Until that time, creative accountants and lawyers will continue to seek new ways for companies to move their tax residences overseas and avoid paying taxes here at home".
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comes with $91 million of wholesome annual net profit — not the kind genetically modified by creative tech-firm accountants.
Or sack your accountant (creative differences, perhaps) and pay it back?
It will charge only 15% corporate-profit tax and levy no income taxes on the finance professionals, lawyers, accountants and creative people it hopes eventually to attract.These cosmopolitan folk will live in a "waterfront city", says James Corner, whose firm won a competition two years ago to design the bay's future landscape.
To a degree, you may need accountants and staff accounts, but be creative and outsource what you can, when you can, so long as you don't lose quality.
Smart accountants write accounting rules.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com