Tax Haven Jurisdictions
Why does Halliburton do business in Iran…?
and also use Cayman Island tax havens to hide $millions tax legitimately owed to US government & People?
Halliburton under Cheney as CEO, Halliburton offshore tax havens increased from 9 (in 1995) to 44 (in 1999). Halliburton Products and Services Ltd was incorporated in the Caiman Islands, and was used to get around sanctions on doing business in Iran. (Erwin Seba, Reuters, March 20, 2003)
Iran govt states Iran nuclear secrets were sold to Halliburton for bribes WHILE co-developing giant Par gasfield.
Halliburton Houston to Dubai head office move will help avoid paying its fair share of taxes.
Martin Sullivan, contributing editor at the nonpartisan Tax Notes magazine, told MSNBC that relocating to the no-tax jurisdiction of Dubai would change Halliburton ‘s tax situation “significantly” even though the company would still be registered in the US.
Enron, Worldcom & Parmalat similarly used Caymans to illegally/criminally hide losses
Because Bush rolled out the red carpet for them.
The Moral Case for Tax Havens