October 11, 2013

The Bridgetown Senators?: This from Christopher Stuart Taylor of the Huffington Post tries to explain a possible bit of Canadian tax evasion on the part of Ottawa Senators owner Eugene Melnyk. The dodge involves setting up business relationships between Canada and Barbados. The businesses will then be taxed at the 2.5% Barbadian rate rather than the 30% Canadian rate. While the author leads with a Senators' connection, the actual investigation conducted by the CBC has nothing to do with the team. I'm sure Melnyk is clever enough to keep purely Canadian businesses out of the "Bajun" connection. Note: No matter which side (Canadian or Barbadian) is puling a fast one here, I'm on the bad side. My dad was from Nova Scotia, my mom from Barbados, and I still have family in both places.

posted by Howard_T to hockey at 01:32 PM - 0 comments