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Elster had previously complained that good old HOM-ij was losing out to OM-ij "in havens for the better-educated like National Public Radio," and for defenders of the "h" pronunciation oh-MAZH just adds insult to injury.
Australia is making it harder to obtain credits for tax paid in havens.
Also, wealthy Chinese have been pouring huge sums into real estate in havens like Hong Kong and New York, even as real estate prices tumble in mainland China.
The companies avoid the tax by setting up there international corporate headquarters in havens which attract next to no corporation tax.
Many prefer to avoid media attention and find ways of keeping their gains in havens abroad.Another obstacle to dynastic businesses is demographic.
Hundreds of smaller companies circumvent the $50 million limit by registering their China ventures outside Taiwan, in havens like the Cayman Islands.
Similar(39)
The classes take place in a simple shipping container – one of three such drop-in havens in Benin supported by UNICEF.
John F. Kennedy tried in vain to rein in tax havens in the 1960s.
A woman in "Haven" is more passive-aggressive than just plain passive.
The bureau's investigation showed that the problems at Whitechapel exacerbated the long-term decline in haven attendance.
That's what I am counting on," says Tim. Living in Haven House has been hard on Cummins' family.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com