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If you have not had a chance to read about the Paradise Papers, you owe it to yourself to read this article about Nike. Nike is avoiding taxes by charging themselves for intellectual property. This is a story involving grey areas and loopholes, tax havens and zero tax rates, and the movement of money and royalties from one jurisdiction to the next. Intrigued?

Questions:
1. Where are Nike shoes made?
2. What is the Netherlands connection to Nike?
3. What is the Bermuda connection to Nike?
4. Where is the tax residence of Nike Innovate? What is Nike Innovate?

Source:

N. Hopkins and S. Bowers. (2017) Revealed: how Nike stays one step ahead of the taxman. The Guardian, Nov. 6 (Retrievable online at https://www.theguardian.com/news/2017/nov/06/nike-tax-paradise-papers)