Post Profile

Corporate Profits Take Permanent Vacation in Caymans and Bermuda

According to a study, 367 of the companies on the Fortune 500 have at least one subsidiary in a tax haven country. The study found companies are holding $2.5 trillion in profits offshore.
read more


Related Posts

Big Business Holding $2.1 Trillion In Profits Offshore To Avoid Paying Taxes, Study Finds

News : Huffington Post

The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a stu...

Without offshore tax havens, these famous companies would owe billions

Business & Finance : Newsweek: Business

For years, U.S. corporations have been using a number of tricks and loopholes to avoid paying federal income taxes on their profits kept offshore in tax havens like the Cayman Islands that have little or no tax penalties. The larges...

Tax Dodging By Corporations And The Wealthy Cost Each Taxpayer $1,026 In 2012

US Politics / Liberal : ThinkProgress: Justice

America’s largest corporations have stashed nearly $1.5 trillion in offshore tax havens like Bermuda, the Cayman Islands, and Ireland, countries where they do little business but claim massive profits because of low tax rates. As a ...

The U.S. Companies With The Most Offshore Cash [Infographic]

Business & Finance : Forbes: Business

The use of tax havens is ubiquitous across America's 500 largest companies. Collectively, they hold $2.1 trillion in offshore cash, according to a recent study. Establishing foreign subsidiaries in places with little or no tax such ...

CTJ: Fortune 500 Are Holding $1.6 Trillion of Profits Off-Shore

Business & Finance / Taxes : TaxProf Blog

Citizens for Tax Justice: Fortune 500 Corporations Holding $1.6 Trillion in Profits Offshore: Among the Fortune 500 corporations, 290 have revealed that they, collectively, held nearly $1.6 trillion in profits outside the United Sta...


Copyright © 2016 Regator, LLC