Question
Small examples of these places are called “the Dots” in a 1994 working paper by James R. Hines and Eric M. Rice that lists 41 of them. A 2013 book about these places discusses the failure of the “qualified intermediary” program and proposes the creation of a register that would be fed by companies like Euroclear and Clearstream. These places are often classified as either “conduit OFCs” or “sink OFCs.” These places are the destinations of so-called “inversions,” which began in the early 1980s and became particularly popular in the late ‘90s. Gabriel Zucman has shown how nominally OECD-compliant firms often use BEPS (“beps”) tools to shift profits to these places. For 10 points, Ireland and several Caribbean countries are prominent examples of what jurisdictions that offer very low rates of levies for foreign businesses? ■END■
Buzzes
Player | Team | Opponent | Buzz Position | Value |
---|---|---|---|---|
Frederick Rivas-Giorgi | Yale B | WUSTL B | 116 | 10 |