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Foreign Profits

U.S. Corporations Have Over $2 Trillion Stashed Overseas

Reuters | Posted 06.08.2014 | Business

* U.S. Senate Finance Committee Chairman Wyden calls for reform * Total of profits stashed abroad up 93 percent 2008-2013 ...

Questions About Pfizer's Taxes

Martin Sullivan | Posted 08.24.2013 | Business
Martin Sullivan

In 2012 Pfizer reported its worldwide effective tax rate was 21.2 percent. That is considerably lower than the U.S. statutory rate of 35 percent, but it is far above the single digit rate you might expect if Pfizer shifted most of its profits into tax havens.

Bringing the Money Back Home

Jim Worth | Posted 05.30.2012 | Business
Jim Worth

The Hagan/McCain legislation falls short of its potential and should be rejected and replaced by a fairer, more equitable bill that truly begins to rebalance this country.

U.S. Companies Could Get Tax Cuts On Foreign Profits

Posted 11.11.2011 | Business

(BRAD DORFMAN, Reuters) - The Treasury is weighing a proposal to eliminate some, but not all, of the taxes on overseas profits of U.S.-based compa...

Google's Tax Avoidance: So Much for "Don't Be Evil"

David Callahan | Posted 05.25.2011 | Business
David Callahan

Over the years, there have been a dribble of stories about how Google tries to avoid paying taxes on foreign profits. In 2007, Google was investigated...