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Offshore Tax Loophole Helps Americans Cheat IRS, Senate Says
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Rich Americans are hiding “vast amounts of income” from the Internal Revenue Service...
Deal to force multinational companies to pay a 15% minimum tax is marred by loopholes, watchdog says
Associated Press via AOL· 8 months agoAn ambitious 2021 agreement by more than 140 countries and territories to weed out tax havens and...
What Are the World’s Best Tax Havens?
GOBankingRates via Yahoo Finance· 1 year agoDue to the level of taxation in much of the industrialized world, many turn to tax havens. Tax havens are places where individuals and companies go to...
Drug company AbbVie used Trump tax law to shield profits, Senate report finds
The Hill via Yahoo News· 2 years agoPharmaceutical giant AbbVie generates almost all of its sales in the United States but has allegedly...
Major companies haven't paid federal income tax in 5 years. How could that be?
USA TODAY via Yahoo Finance· 3 months agoDozens of large corporations paid more money to their top executives than they shelled out in federal taxes between 2018 and 2022, according to a new watchdog report. The analysis names 35 corporations ...
Billionaires pay almost no tax. A global levy of just 2% could raise $250 billion
CNN Business via Yahoo Finance· 8 months agoGovernments should open a new front in the international clampdown on tax evasion with a global...
Big Pharma rakes in $215 billion a year in America — yet pays almost no taxes
Business Insider via Yahoo News· 11 months agoAmericans are not only paying through the nose for their prescriptions but also receiving none of...
6 Infamous Tax Scandals
GOBankingRates via Yahoo Finance· 1 year agoIt's that time of year again: Tax time. Federal and state income taxes are due by April 18. You can file for an extension to buy more time to get your...
Major companies race to buy back stocks ahead of new corporate tax
The Hill via Yahoo News· 2 years agoMajor corporations are scrambling to repurchase their own shares before a new tax on stock buybacks...
10 Financial Loopholes Available Only to the Super Rich
GOBankingRates via Yahoo Finance· 6 months agoWe all know the ultra-wealthy have access to all kinds of perks, from lavish homes and vacations to...