A study published Tuesday estimates that tax dodging enabled by the United States, the United Kingdom, and other wealthy nations is costing countries around the world nearly half a trillion dollars in ...
That is how much Ireland expects to haul in through corporate tax this year. The country has emerged as a big beneficiary of a clampdown on tax dodging by global businesses. Get the full story: The ...
The Nation-- The activism groups behind a widely circulated (and false) AP report stating GE would return its entire 2010 tax refund of $3.2 billion to the US Treasury appear to be getting the band ...
This year’s legislative session was basically a political pu pu platter, offering a little bit of everything — political infighting, lobbyist-driven favoritism and a few good bills. But everything ...
(Bloomberg) -- Wall Street’s latest tax dodge doesn’t hide in the Cayman Islands or rely on complex derivatives. It’s engineered to turn a publicly traded fund into a tax-minimizing machine that hums ...
Reporting zero taxable profits in the U.S. in 2019, Pfizer (NYSE:PFE) carried out possibly the largest tax-avoidance scheme in the history of Big Pharma, Senator Ron Wyden (D-Ore.) said on Thursday.
Ships laden with tens of millions of dollars of American treasure pull into beautiful ports in places like the Cayman Islands and the Bahamas every day, offloading profits made on sales to U.S.
Google Inc. avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show.
Forbes contributors publish independent expert analyses and insights. Laura Clayton McDonnell covers tax, legal, risk & regulatory issues. Corporate tax professionals have a complicated relationship ...
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