Monthly Archives: March 2016

An initial country-by-country look at Danish banks

… Employees in some countries conventionally discussed as benefactors of profit shifting – such as Singapore and Luxembourg – are generally more ‘productive’ than employees in high-tax countries – such as Denmark, Sweden and Norway. On average, employees in the former group generate 1,25 times the income and 2 times the profit of employees in the latter group…

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