Legality could be defended even if true purpose is to dodge taxes: "We've actually never really needed that team on the Caymans. But that they are there for us 24/7, should we ever need them, is worth a lot to us for peace of mind. We think of it as a kind of insurance...."https://twitter.com/AislingTax/status/1023129173521575936 …
Listening to tax practitioners both on taxpayer and revenue side, their description of transfer pricing compliance doesn't sound like that. Maybe the story needs testing, and if assumptions not credible, revising @AislingTax @DanNeidle @Allstepchris
