Besides what they have probably done
it route it through a Cayman company which makes it fall out of the arbitrage provisions as the payee is not liable to tax. The withholding tax problem can be resolved by using a quoted eurobond or original issue discount notes.
Either that or use a Delaware LLC
Posted By: Butterworth on May 17th 2012 at 17:02:28
Message Thread
- ?258,909...average amount of interest paid per day by Manure over last 9 months (Other Football) - Tony Martin, May 17, 14:56:48
- It's pretty meaningless (Other Football) - Butterworth, May 17, 15:27:00
- No they don't - avoidance involving arbitrage would deny them the deduction in the UK (n/m) (Other Football) - SimonOTBC, May 17, 16:09:48
- No it wouldn't (Other Football) - Butterworth, May 17, 16:56:39
- Besides what they have probably done (Other Football) - Butterworth, May 17, 17:02:28
- I agree with that - just not sure it could be done as simply as you first suggested (Other Football) - SimonOTBC, May 17, 17:10:27
- Delaware LLC (Other Football) - Butterworth, May 17, 22:50:25
- Now replaced by something in CTA 2009 (Other Football) - Butterworth, May 17, 23:31:45
- Delaware LLC (Other Football) - Butterworth, May 17, 22:50:25
- I agree with that - just not sure it could be done as simply as you first suggested (Other Football) - SimonOTBC, May 17, 17:10:27
- Besides what they have probably done (Other Football) - Butterworth, May 17, 17:02:28
- No it wouldn't (Other Football) - Butterworth, May 17, 16:56:39
- No they don't - avoidance involving arbitrage would deny them the deduction in the UK (n/m) (Other Football) - SimonOTBC, May 17, 16:09:48
- It's pretty meaningless (Other Football) - Butterworth, May 17, 15:27:00
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