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Wednesday, October 23, 2013

Pollack: Delaware: Tax Haven or Scapegoat?

Tax Analysys Logo (2013)Sheldon D. Pollack (University of Delaware, College of Business), Delaware: Tax Haven or Scapegoat?, 66 State Tax Notes 53 (Oct. 7, 2013):

Pointing fingers at Delaware makes a good story for the foreign media and lends credence to the claim that the U.S. government is hypocritical in criticizing Swiss and Cayman Island banks for aiding and abetting tax cheats and money laundering. So expect more stories about Delaware as an international tax haven and the perfect place to launder cash. But don’t believe everything you read — especially if I am cited in the article. It ain’t necessarily so.

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