This has been known for years, just like multinational corporations avoiding taxation through shemes often involving loans and fund transfers. By coincidence, a bipartisan report on the subject just came out in the USA, saying just this. The senior VP for taxes at Helwett Packard (world’s largest computer maker) explained to the senate that scheme was OK with the IRS.

I also explained that the courts are on it, and cooperate with the general hypocrisy. True, the laws are plutocrat friendly. Kate Middleton exposed herself deliberately (in my opinion), in a chateau, and on a yacht, so that she too could sue, and show the rest of the royal family and plutocracy that she, too, could make a buck through a devious scheme, and that she, too, incarnated the stand of bona fide plutocrats above the commoners.

Another example I have mentioned since ever, is the systematic presentation, in USA media, of plutocrats, who typically pay little, or no tax, as “philanthropists”. Some say it’s an anecdote. But not so. The Jobs family. for example, not only paid no taxes for decades, but also has access to the highest reaches of USA politics,namely buddy buddy with the president and company. A fortiori true with banksters. Those plutocrats precisely want to just show their PR side, and naive commoners to ignore the rest.

For example Chris Snuggs, who I quoted, is enraged by the salaries of Eurocrats, but does not mind the much larger sums involved in plutocratic corruption and the attending influence trafficking.This is rendered possible by the general hypocrisy of the media, which mold public opinion, as wished by its masters.
PA