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Revealed: how Nike stays one step ahead of the taxman
by Nick Hopkins and Simon Bowers
The Guardian Translate This Article
6 November 2017
On 6 November 2017 The Guardian reported:
Money paid for trainers in shops moves in and out of Europe, to Caribbean and even to entities not officially based anywhere. This is a company that stays one step ahead of its rivals. And one step ahead of the taxman, too. Thanks to documents in the Paradise Papers, it has been possible to piece together the schemes and structures that have helped Nike over the past decade.
Global Good News service views this news as the failure of modern business and government systems.
Such 'flops' highlight the need for more intelligent, evolutionary, Natural Law based, life-supporting systems.
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