In the world of finance, the use of offshore structures by large corporations has been a topic of intense debate. While these structures offer legal and financial benefits, questions arise regarding their morality. This article delves into the ethical considerations surrounding the use of offshore structures by big businesses and explores different perspectives on the subject. As discussed in the accompanying article on offshore structures, Offshore structures refer to legal entities established in lowtax or tax-neutral jurisdictions, commonly known as offshore financial centers. Well know offshore jurisdictions include the Cayman Islands, Switzerland, Luxembourg, The Isle of Man and Bermuda to name a few. The morality of using offshore structures by big businesses is a complex and nuanced issue. Different viewpoints exist regarding the ethical implications of these structures. Let’s explore some key arguments: LEGALITY VERSUS MORALITY: Proponents of offshore structures argue that as long as companies adhere to existing laws and regulations, their use of offshore structures is morally acceptable. They argue that corporations have Using offshore structures is an ethical means of optimizing business operations and maintaining competitiveness. Finance Monthly. Business & Economy 45
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