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"Can likely access existing offshore cash without U.S. tax," one slide of the novel structure said.
Mr. Willens wonders whether shareholders might be interested in the value of that offshore cash.
It is meant to supplement H.P.'s own (mostly offshore) cash contribution to the deal.
Injections of offshore cash have become a drug on which the BVI is hooked.
It has booked $214.9bn offshore, a sum greater than any other company's offshore cash pile.
Behind the scenes, dissatisfaction over corporate America and its untaxed offshore cash is growing.
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Her first three novels – Human Voices, The Bookshop and Offshore – cashing the literary cheques of bitter experience, drew on her life at the BBC, in Southwold, and on Chelsea Reach.
Using the BIS's measure of "offshore deposits" – cash held outside the depositor's home country – and scaling it up according to the proportion of their portfolio large investors usually hold in cash, he estimates that between $21tn£13tntn) and $32tn£20tntn) in financial assets has been hidden from the world's tax authorities.
Want to stash your cash offshore?
So, they hoard this cash offshore.
American companies routinely avoid taxation by moving their idle cash offshore.
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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