VOCABULARY to have a finger in every pie - zajmować się wieloma rzeczami naraz, próbować wszystkiego tax evasion - uchylanie się od płacenia podatków illegal - nielegalny desire - tu: pragnienie to reduce - zmniejszyć, zredukować to decrease - zmniejszyć, obniżyć amount - kwota, suma, ilość, liczba tax haven - raj podatkowy to be taxed - być opodatkowanym shrewd - bystry, sprytny, przenikliwy business acumen - przedsiębiorczość, spryt w interesach shareholding - pakiet akcji to invest in - inwestować w coś software company - firma komputerowa produkująca oprogramowanie holding - portfel akcji shareholder - akcjonariusz, udziałowiec

Lesson 20
A finger in every pie

OXANA: I understand that there’s tax evasion, which is illegal, and a natural desire to reduce the taxes you are paying on the money made and this is why the company would go for something like described here in the case to decrease the amount of taxes on the money the business makes.

ANDREW: Right.

GORAV: And besides that, a question of tax is there. We have a lot of tax havens like Monte Carlo, Cayman Islands, British Virgin Islands, where if you start a business, you’re taxed less.

ANDREW: Very shrewd business acumen.

GORAV: Besides that, there are certain points mentioned in the case study, like he said, it appeared that his uncle had large shareholdings in several small businesses. By this we mean that his uncle wanted some market control or market share, so he invested in a lot of businesses.

For example, if he invests in a lot of software companies, what he’s trying to do is trying to control the decisions of the software market because he has a lot of large holdings in small businesses. So he can have a say in them because of his shareholder value.

ANDREW: Right. Sort of, having fingers in a few financial pies, if you like.

GORAV: Exactly, yeah.

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	Lesson 20

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OBJAŚNIENIA

taxes you are paying on the money made – podatki, które płacisz od zarobionych pieniędzy

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