Global Tax Avoidance 101 (courtesy of Nike)

We’ve all read about overseas entities and the impact of taxation. Facebook, Amazon, Apple, and many others all creatively (but legally) trying to minimize the bite of the taxman.

Here’s an insightful play-by-play analysis of Nike’s global tax strategy. Predicted by The Beatles in their song The Taxman? (“If you take a walk, I’ll tax your feet.”)