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Bombardier among companies using legal tax havens at expense of home country
The problem is not that Bombardier Inc. played a complex shell game since at least 2010 by refinancing and redirecting US$500 million of its financing activities to Luxembourg, a notorious tax haven.
... Ken Lester, adjunct professor of finance at McGill University’s Desautels Faculty of Management, said in an interview that “this is a social thing we have to resolve.”
Read full article: Financial Post, December 12, 2014
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