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Tax haven

Total questions: 9

Worksheet time: 3mins

Name
Class
Date
1.

What assets can company move to tax haven?

a)

Patents

b)

Codes

c)

Algorithms

d)

Formulas

2.

Does beneficiary of trust always have control of their assets?

a)

Yes

b)

No

3.

How much tax avoidance cost the world's governments a year?

a)

around 200 billion dollars

b)

around 700 million dollars

c)

around 700 billion dollars

d)

more than 800 billion dollars

4.

Which of the territories mentioned below have 0% tax rate?

a)

Netherlands

b)

Bermuda

c)

Switzerland

d)

Cayman Islands

5.

Which countries/territories are considered as tax havens?

a)

United States

b)

Netherlands

c)

Singapore

d)

Venezuela

6.

What is CIT rate in Poland?

a)

4%

b)

19%

c)

8,5%

d)

25%

7.

How can a nation profit from being a tax haven?

a)

Imposing tariffs

b)

Introducing Social Security taxes

c)

Registration fees

d)

High Personal Income Tax

8.

Which company has the most offshore subsidiaries?

a)

Apple

b)

Google

c)

Nike

d)

Goldman Sachs

9.

How many files were leaked from the databses of Mossack Fonesca?

a)

900 thousand

b)

11.5 million

c)

4 million

d)

1.15 million