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Corporations Use Private Jets, Security Systems To Give CEOs Massive Tax Breaks

US Politics / Liberal : ThinkProgress: Justice

For the last four years, 26 major U.S. corporations have made billions in profits but paid nothing in federal income taxes. But corporations aren’t just dodging taxes on their own behalf, they’re helping their chief executives do it...

Wall Street Has Raked In Almost A Billion Dollars Helping Companies Move Overseas To Dodge Taxes

US Politics / Liberal : ThinkProgress: Justice

So-called "inversions" that move American corporate profits overseas may hurt taxpayers, but they are making Wall Street rich. The post Wall Street Has Raked In Almost A Billion Dollars Helping Companies Move Overseas To Dodge Taxes...

Corporate Tax Dodging Has Cost States More Than $42 Billion In Revenue Over The Last Three Years

US Politics / Liberal : ThinkProgress: Election

ThinkProgress has documented the repeated tax dodging of large corporations, some of which, like GE, have gone entire years without paying taxes despite hauling in massive profits. Now, that phenomenon has spread to the states, wher...

Google Reportedly Skirts $2 Billion In Taxes With Offshore Haven

Technology : TechCrunch: Enterprise

Holy tax dodging! Google reportedly skirted a whopping $2 Billion in worldwide income taxes in 2011 by unloading $9.8 billion in revenue into a Bermuda shell company, reports Bloomberg. Since Bermuda has no corporate income tax, Goo...

Tax Dodging By Multinational Corporations Costs Developing Nations $500 Billion Annually

US Politics / Liberal : ThinkProgress: Justice

According to a recent report by the European Network on Debt and Development, tax dodging by multinational corporations is costing developing nations hundreds of billions of dollars every year, helping keep those nations dependent o...

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