THE INTERPRETER: The Biggest Tax Scam Ever: How Corporate America Parks Profits Overseas, Avoiding Billions in Taxes : Dickinson writes: “Top offenders include giants,Microsoft $76 billion,Pfizer $69 billion, ExxonMobil $47 billion,Goldman Sachs $22 billion,Philip Morris $20 billion,Wal-Mart $19 billion,McDonald’s $16 billion, Caterpillar $17 billion,General Electric has $110 billion stashed offshore, and enjoys an effective tax rate of 4 percent – 31 points lower than its statutory obligation to the IRS.”

Monday, 1 September 2014

The Biggest Tax Scam Ever: How Corporate America Parks Profits Overseas, Avoiding Billions in Taxes : Dickinson writes: “Top offenders include giants,Microsoft $76 billion,Pfizer $69 billion, ExxonMobil $47 billion,Goldman Sachs $22 billion,Philip Morris $20 billion,Wal-Mart $19 billion,McDonald’s $16 billion, Caterpillar $17 billion,General Electric has $110 billion stashed offshore, and enjoys an effective tax rate of 4 percent – 31 points lower than its statutory obligation to the IRS.”

The world's biggest tax scam,tax havens

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