Did You Hear the One About the Banana and the Tax Haven?

 

The lengths that some corporations will go to avoid paying tax is mind-boggling. 

One of the more cynical practices is called transfer pricing.  And one of the most popular examples is how multi-nationals use it to avoid paying taxes on their lucrative banana trade.

Britain's The Guardian newspaper has devoted a lot of resources to the tax fairness issue and recently investigative journalist Felicity Lawrence spoke to the Finnish Parliament at a session sponsored by the Tax Justice Network and the Finnish Ministry of Foreign Affairs.

You’ll never look at a banana the same way again.