Showing posts with label Tax Haven. Show all posts
Showing posts with label Tax Haven. Show all posts
November 12, 2019
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February 24, 2019
April 7, 2016
November 24, 2015
June 20, 2015
February 13, 2015
September 6, 2014
The Biggest Tax Scam Ever
www.rollingstone.com/politics/news/the-biggest-tax-scam-ever-20140827
"Some of America's top corporations are parking profits overseas and ducking hundreds of billions in taxes. And how's Congress responding? It's rewarding them for ripping us off"
"Some of America's top corporations are parking profits overseas and ducking hundreds of billions in taxes. And how's Congress responding? It's rewarding them for ripping us off"
August 30, 2014
April 7, 2014
Swiss Bank May Have To Plead Guilty To Helping Americans Avoid Taxes
www.thinkprogress.org/economy/2014/04/07/3423646/credit-suisse-tax-evasion-investigation/
"A giant Swiss bank that is already bracing for a billion-dollar legal bill for helping Americans cheat on their taxes may also have to plead guilty to criminal charges in order to resolve a Justice Department (DOJ) investigation. The news comes alongside reports of another investigation from a New York regulator with a reputation for playing hardball on white collar crime."
"A giant Swiss bank that is already bracing for a billion-dollar legal bill for helping Americans cheat on their taxes may also have to plead guilty to criminal charges in order to resolve a Justice Department (DOJ) investigation. The news comes alongside reports of another investigation from a New York regulator with a reputation for playing hardball on white collar crime."
April 1, 2014
Tax Dodging Companies Hoarding Nearly One Trillion Overseas | Common Dreams
Tax Dodging Companies Hoarding Nearly One Trillion Overseas | Common Dreams
"Profits for U.S. companies are at a record high, yet companies have hoarded nearly one trillion overseas to dodge U.S. taxes, a new Moody's analysis shows."
"Profits for U.S. companies are at a record high, yet companies have hoarded nearly one trillion overseas to dodge U.S. taxes, a new Moody's analysis shows."
March 24, 2014
Money, Money, Everywhere
www.inthesetimes.com/article/16430/money_money_everywhere
"$1,265,836,000,000.
This is the amount of cash that S&P 500 companies (excluding banks and other financial institutions) are currently sitting on. As of the beginning of the third quarter, the largest U.S. companies collectively held $1.27 trillion. That’s about 13.5 percent more than this time last year."
"$1,265,836,000,000.
This is the amount of cash that S&P 500 companies (excluding banks and other financial institutions) are currently sitting on. As of the beginning of the third quarter, the largest U.S. companies collectively held $1.27 trillion. That’s about 13.5 percent more than this time last year."
March 17, 2014
The Untaxed Americans: The Speculators, Hustlers, and Freeloaders of Wall Street | Common Dreams
The Untaxed Americans: The Speculators, Hustlers, and Freeloaders of Wall Street | Common Dreams
"There is currently no U.S. tax on the purchase of stocks, derivatives, and other financial instruments. The rest of us pay up to a 10 percent sales tax on the necessities of daily life. A tiny financial transaction tax of perhaps a tenth of a percent on the trading of financial securities would begin to correct this inequity, while generating billions of dollars of revenue."
"There is currently no U.S. tax on the purchase of stocks, derivatives, and other financial instruments. The rest of us pay up to a 10 percent sales tax on the necessities of daily life. A tiny financial transaction tax of perhaps a tenth of a percent on the trading of financial securities would begin to correct this inequity, while generating billions of dollars of revenue."
March 12, 2014
Corporate America Is Hiding $2 Trillion In Profit From The IRS
www.thinkprogress.org/economy/2014/03/12/3395331/offshore-profits-two-trillion/
"The largest American multinational companies parked an additional $206 billion of profits in offshore accounts last year, according to Bloomberg, bringing the total amount of profits stashed where U.S. tax officials can’t touch them up to about two trillion dollars."
"The largest American multinational companies parked an additional $206 billion of profits in offshore accounts last year, according to Bloomberg, bringing the total amount of profits stashed where U.S. tax officials can’t touch them up to about two trillion dollars."
February 27, 2014
The 3 Biggest Surprises From An Investigation Into A Swiss Bank That Helps Americans Dodge Taxes
www.thinkprogress.org/economy/2014/02/26/3332701/senate-investigation-tax-evasion-credit-suisse/
"Estimates of how much money the bank hid from American tax authorities range widely depending on how the estimates are done, the report says, from a $5 billion estimate using the bank’s own methods to a $12 billion estimate using a more rigorous approach.
In total, individual and corporate tax evasion costs the country an estimated $300 billion each year. Swiss banks play a key role in that evasion, but they are far from alone in recruiting and facilitating American tax dodgers."
"Estimates of how much money the bank hid from American tax authorities range widely depending on how the estimates are done, the report says, from a $5 billion estimate using the bank’s own methods to a $12 billion estimate using a more rigorous approach.
In total, individual and corporate tax evasion costs the country an estimated $300 billion each year. Swiss banks play a key role in that evasion, but they are far from alone in recruiting and facilitating American tax dodgers."
February 15, 2014
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