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 on NPR
Wednesday, 5 October 2016
loobobilly News: Corporate Profits Take Permanent Vacation in Caymans and Bermuda
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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 on NPR
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