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"Charities navigate a complex tax environment.
We really created a very business-friendly tax environment".
This tax environment is the context in which it is difficult to avoid a dual speculation.
"This means creating a tax environment that supports and sustains wealth creating and intellectual property generating businesses.
On the contrary we must stick together and find ways to improve the tax environment in Europe.
Lawyers have an important part to play in creating the right enabling legal and tax environment for fundraising to flourish.
Similar(9)
"They're going from a no-tax environment to a high-tax environment, and that's challenging," said Warwick Bartlett, chief executive of Global Betting & Gaming Consultants.
The government will make inroads into the country's high-tax environment, reducing the burden on companies.
And Bermuda's low-tax environment allows reserves to be built up to cover the huge disasters.
"It is a very competitive environment, it is a high-tax environment and it's a hostile environment as far as investment is concerned," Mr. Mallya said.
Tax accountants said that in such circumstances one contract might be held in a low-tax environment in order to pay considerably less income tax.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com