Bombardier among companies using legal tax havens at expense of home country

The problem is not that Bombardier Inc. played a complex shell game since at least 2010 by refinancing and redirecting US$500 million of its financing activities to Luxembourg, a notorious tax haven.
... Ken Lester, adjunct professor of finance at McGill University’s Desautels Faculty of Management, said in an interview that “this is a social thing we have to resolve.”

Read full article: Financial Post, December 12, 2014