RBC and the Panama tax Dodge Scandal

During WW 2 many American corporations did massive amounts of business with the Nazis providing material and machines used to kill American and Allied soldiers. When this was discovered the home offices of each of these corps said “oh, that was not us. Oh no, those were subsidiaries whom we had no control of.” Of course they did take the profits. Now we see RBC getting caught in the Panama tax evasion scandal. Their “subsidiaries” set up a lot of these shell corps used to dodge taxes. Let’s see how long before the home RBC tries to use the same arguments that the American corps did when they were discovered.


About flexosaurus

I am an anthropologist and Associate Professor who loves to play guitar and comment on social injustice in whatever form it may take
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