iOS app Android app More

U.S. Companies Dodging $60 Billion In Taxes

Lexapro

First Posted: 05/14/10 02:02 AM ET Updated: 05/25/11 05:30 PM ET

Bloomberg:

Tyler Hurst swiped his debit card at a Walgreens pharmacy in central Phoenix and kicked off an international odyssey of corporate tax avoidance.

Hurst went home with an amber bottle of Lexapro, the world's third-best selling antidepressant. The profits from his $99 purchase began a 9,400-mile journey that would lead across the Atlantic Ocean and more than halfway back again, to a grassy industrial park in Dublin, a glass skyscraper in Amsterdam and a law office in Bermuda surrounded by palm trees.

Read the whole story: Bloomberg

FOLLOW HUFFPOST BUSINESS
Subscribe to the HuffPost Money newsletter!
Filed by Adam J. Rose  |