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Cayman Islands Offshore Holding Corporation

Wikisimpsons - The Simpsons Wiki
Revision as of 10:12, June 17, 2017 by 69.143.31.69 (talk) (History)
Cayman Islands Offshore Holding Corporation
Cayman Islands Offshore Holding Corporation.png
Location Information
Town: Cayman Islands
Use: Holdings corporation
First appearance: "Bart the Fink"

Cayman Islands Offshore Holding Corporation is a holdings corporation in Cayman Islands.

History

Krusty once had a secret account at the Cayman Islands Offshore Holding Corporation. When Bart was unable to obtain Krusty's autograph, he attempted to do an end run by cutting a check to Krusty for 25 cents. Bart figured if Krusty wanted to redeem the paltry check, he would need to endorse it, and thus the cancelled check would return to Bart with autograph. When Bart did get the cancelled check, it was stamped with the logo of the Cayman Islands Offshore Holding Corporation. An angry Bart told this to a bank teller, who said it is acceptable to endorse checks by stamp, but then noticed something suspicious about the endorsed name. This set off a chain reaction that ultimately got Krusty arrested for tax evasion, as it was revealed the Cayman Islands Offshore Holding Corporation was in actuality a shell corporation used to dodge taxes.

Appearances