Damien

It's hard to simplify it though because many of the exemptions exist for valid reasons. You only want to tax profit for example but then everything becomes a business expense and companies seem to never be in profit because of the cost of licensing their brand from themselves in another jurisdiction. As TheDaddy has pointed out before many of these schemes are later found illegal but because of the ambiguity over what is legitimate or illegitimate use of these schemes in any individual case it has to be proven in court.