Another furore over offshore tax havens in the media. But the main tax avoidance places are onshore, not offshore, eg Delaware & Luxembourg. Delaware has 900k people and 1 million corporations registered in this tiny US state, including big corps like Apple and many others! See https://lnkd.in/gc8iaSx Delaware’s speciality is not to tax revenues paid on ‘intangible’ assets, such as trademarks and brands. So a company’s subsidiaries elsewhere pay big revenues for using the brand back to the home company registered in Delaware (likely in a PO box in the building pictured) and escape tax liabilities.