Home » General » Attractive Caribbean Tax Discounts Luring US Businesses
Apr
30

Low sales receipts taxes have attracted hordes of US companies, mostly small-scale to medium –scale firms, to set-up payment processing facilities in Caribbean countries such as St. Kitts and Aruba. SWAT, a small software design outfit based in New York, directs their credit card payments to a bank in Panama, which saves them a considerable amount of money in taxes. … (more)

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