The New York Times Sunday Review yesterday had an article titled "Who will crack the code?". This follows Apple Computer's testimony on corporate tax loopholes in Congress recently. What's of interest is how countries avail themselves for investments by US companies seeking to limit their tax liability, and how come Guyana misses most of these boats. [I think that the corporate overseas tax situation though is different in the Americas than the rest of the world.]
Here are some excerpts from the article - http://www.nytimes.com/2013/05...ewanted=all&_r=0
=====================================
IRELAND and Singapore have no natural resources that make them obvious places to manufacture the concentrate used in soda, nor have they developed innovative new soda-making techniques. Yet they have nonetheless become global capitals for making soft-drink concentrate.
In Singapore, Coca-Cola recently opened a plant with the capacity to produce the underlying ingredient for 18 billion cans of soda a year. In Cork, Ireland, PepsiCo has located its βworldwide concentrate headquarters,β which until 2007 had been in New York. More than half of all PepsiCo soda sold around the world starts, as concentrate, in Ireland.
========================================