Tag Archives: A Trading Tactic Is Foiled

A Trading Tactic Is Foiled, And Banks Cry Foul – 22 November 2013

The New York Times


What country are you in? Where is your business located? In what country did your trade take place?

Those were once questions whose answers were so obvious that no one asked them. Now they are questions that can drive financial regulators and tax collectors to distraction. Lawyers can get rich proving that under one definition or another, the person, company or transaction was somewhere with more convenient rules.

www.nytimes.com/ link to original article