News Analysis: People desirous of Hiding Funds from Tax Authorities are presently employing the ‘LLP’ in Denmark to conceal their monies (Legitimate or Otherwise) gained elsewhere. Since both the Funds and the Beneficiaries of the Partnership are hidden from view, “Transparency” is totally obscured.
One can anticipate that pressure exerted by other Countries on Denmark will compel a Tax Change in the Country. Tax Evasion costs such enormous yearly Revenue Losses to Countries everywhere that lack of enthusiasm for the ‘LLP’ can be understood.
One might ask a Tax Evader: “Does the Joy of Concealment Equal The Risk Of Punishment?”
As Governments’ Electronic Interception of Data becomes even more pervasive, one might be of the opinion that “A Tax Evader Not Getting Caught Is As Possible As Bathing In The Ocean And Not Getting Wet”.
Reality.
Reference: http://cphpost.dk/news/denmark-billed-as-perfect-tax-haven.8286.html