THERE are as many views on how the loopholes offered by myriad national tax laws can be exploited to cut corporate tax bills as there are opinions on how they might be reformed to better support the societies that host transnational entities. 

It may be difficult this morning, as you finally choose between Delia’s or Darina’s turkey stuffing, to wonder how liberal democracies might stop the backwards slide into something like neo-feudalism built on supine international tax codes.