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Corporate Tax Loopholes

Unfair Tax Policies Still Throwing Small Businesses for a Loop

John Arensmeyer | Posted 10.17.2014 | Small Business
John Arensmeyer

Some work has been done recently to address tax loopholes for large corporations, such as the notorious corporate tax inversions, which put small businesses at a disadvantage, but more needs to be done to help level the playing field for small businesses.

Turns Out Ditching America To Dodge Taxes Isn't Always Great For Business

The Huffington Post | Mark Gongloff | Posted 09.10.2014 | Business

We've been doing it wrong. Instead of trying to shame American companies into not buying foreign companies to avoid taxes, we should tell them it's ba...

Actually, Burger King Has Been Trying To Dodge Taxes For Years

Reuters | Posted 09.02.2014 | Business

By Tom Bergin LONDON, Sept. 2 (Reuters) - Burger King may have taken a lot of flack in the past week for a deal that should curb its U...

John Boehner And Top Republican Profit From Corporate Inversions

The Huffington Post | Sam Levine | Posted 08.27.2014 | Politics

House Speaker John Boehner (R-Ohio) and House Ways and Means Committee Chairman Dave Camp (R-Mich.) personally profited from a corporate tax loophole ...

A Progressive Way to End Corporate Inversions

Jonathan Reiss | Posted 10.18.2014 | Business
Jonathan Reiss

The preferential treatment of capital gains and dividend income is a huge benefit to the 0.1%. On the other hand, the burden of corporate taxes is likely borne more widely. The current system penalizes smaller "patriotic" companies and benefits large multinationals.

Chiquita Bananas Could Face Boycott Over Plan To Ditch America

The Huffington Post | Alexander C. Kaufman | Posted 08.15.2014 | Business

Chiquita may be the next major corporation to split from the U.S. to avoid taxes. The banana giant rejected a $625 million buyout bid by Brazilian ...

Walgreen Co. Did the Right Thing, But Most Corporations Won't Without a Change in Tax Rules

Robert McIntyre | Posted 10.13.2014 | Politics
Robert McIntyre

Can someone realistically forego getting a prescription filled because it's made by a bad corporate citizen? Probably not. Only Congress and the Obama administration can truly stop corporate inversions.

Alexander C. Kaufman

How Americans Scared Walgreens Out Of A $4 Billion Tax Dodge

HuffingtonPost.com | Alexander C. Kaufman | Posted 08.08.2014 | Business

Walgreens just rocked the boat for companies fleeing U.S. soil to avoid paying taxes. Walgreen Co., the drugstore chain's parent company, announced...

Jon Stewart Exposes The Most Outrageous Corporate Tax Dodge Yet

The Huffington Post | Ed Mazza | Posted 07.31.2014 | Comedy

It's the corporate tax loophole that could be costing you billions. American companies are quietly changing their paperwork to make it seem as if they...

How Walmart's Bosses Get Rich Off Welfare Abuse

Carl Gibson | Posted 09.29.2014 | Business
Carl Gibson

Forget about the guy at the grocery store using food stamps to buy lobster. Walmart, the world's largest retail company, is even more dependent on government welfare so it can make jaw-droppingly obscene profits.

Obama Scolds U.S. Corporations For Evading Taxes: 'I Don't Care If It's Legal, It's Wrong'

AP | Posted 09.23.2014 | Politics

LOS ANGELES (AP) — Staking out a populist stand ahead of the midterm elections, President Barack Obama on Thursday demanded "economic patriotism" fr...

Yes, Allan Sloan: All Companies Hate All Taxes, And No They Have No Conscience

Martin Luz | Posted 09.07.2014 | Business
Martin Luz

Nations must have larger interests at heart than the narrow arbitrage interests of corporations that act like economic pirates. You can pay the ransom, but they'll still make you walk the plank

Inverted 'Patriotism'

Lisa Gilbert | Posted 09.06.2014 | Politics
Lisa Gilbert

Inversions occur when U.S. companies buy out usually smaller, foreign corporations and reincorporate in another country to avoid U.S. corporate taxes. For example, Walgreens, the uber-American drugstore with deep roots in Illinois, has begun the process of merging with a Swiss company.

Who Do Americans Hate During Economic Downtimes? It's Not Who You Think

Daniel Cubias | Posted 08.26.2014 | Latino Voices
Daniel Cubias

On top of devastating the country, wiping out many people's savings, and increasing the obscene gap between the wealthy and the rest of us, the Great Recession may have had the side effect of increasing racial tension.

How Your Tax Dollars Subsidize Walmart Executives' Paychecks

The Huffington Post | Jillian Berman | Posted 06.04.2014 | Business

While Walmart customers suffer from government belt-tightening, Walmart executives thrive on government tax breaks. It's good to be rich. Over the...

Michael McAuliff

GOP Lawmakers Say Yes To $310 Billion For Business, But $12 Million For At-Risk Kids? Nope

HuffingtonPost.com | Michael McAuliff | Posted 04.30.2014 | Politics

WASHINGTON -- Republicans on a congressional tax-writing committee objected Tuesday to the cost of a bill that would spend $1 million a year to help k...

Congress Should Keep Lights Off on Tax Package That Nets GE Billions in Tax Breaks

J. David Cox Sr. | Posted 06.02.2014 | Politics
J. David Cox Sr.

Sometimes, the inability of Congress to get things done is a blessing in disguise -- like, for example, failing to renew a bevy of tax breaks that overwhelmingly benefit big corporations and wealthy individuals.

Ben Hallman

If GE Gets Its Way, The U.S. Government Could Lose $62.5 Billion

HuffingtonPost.com | Ben Hallman | Posted 04.01.2014 | Business

When it comes to squeezing big rewards from obscure provisions of the tax code, General Electric leaves nothing to chance. Over the past two years...

Corporate America Stashes $206 Billion Overseas, Fights Minimum Wage Hike, Is The Worst

The Huffington Post | Mark Gongloff | Posted 03.12.2014 | Business

Hey, Corporate America, are you befuddled as to why you are widely considered the mustache-twirling villain in the tragicomedy that is the U.S. econom...

Long Time Coming: Shining a Light on the Nation's Most Egregious Corporate Subsidy

Francisco Enriquez | Posted 03.10.2014 | Politics
Francisco Enriquez

Undeserved subsidies for wrongdoing occur because the law that prohibits companies from deducting fines or penalties as a tax write-off does not apply to companies that resolve charges through out of court settlements, unless agencies specifically forbid the write-offs as part of the settlement agreement.

We Lost Our House, the Economy Crashed, and You Made a Fortune. How Much Do We Owe You?

Francisco Enriquez | Posted 01.23.2014 | Politics
Francisco Enriquez

The upcoming JPMorgan Chase settlement is expected to be the largest corporate settlement in Justice Department history. Unless the Justice Department prevents it, JPMorgan could heap billions of dollars right back onto the shoulders of taxpayers.

Twitter Ready To Become The Tax-Dodging Club's Newest Member

The Huffington Post | Jillian Berman and Ben Hallman | Posted 11.05.2013 | Business

Twitter has yet to earn a profit, but if it ever does, the company could use a legal loophole to avoid paying taxes on millions of dollars. The mi...

NGOs Need to Keep Pressing Business to Be Transparent Taxpaying Global Citizens

Judith Samuelson | Posted 01.23.2014 | Business
Judith Samuelson

I have been both a lobbyist and a banker, and I understand the instincts of the business associations to protect their members, but from a societal perspective, exposing the money behind the politics is just common sense.

Tax Breaks for Corporate Wrongdoing, Part 1: The FTC

Francisco Enriquez | Posted 12.29.2013 | Politics
Francisco Enriquez

Every year, the Federal Trade Commission, or FTC, negotiates hundreds of millions of dollars in deals with corporations to settle allegations of criminal wrongdoing. However, the FTC has ended up allowing bad actors to claim massive tax deductions for their wrongdoing.

This Could Be Very Bad News For Apple

Reuters | Posted 09.23.2013 | Business

(Corrects to say University of Southern California Gould School of Law in the sixth paragraph.) By Patrick Temple-West ...