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Tax Inversions

Burger King's Move To Canada Could Save It $275 Million In Taxes

Reuters | Posted 02.10.2015 | Business

By Kevin Drawbaugh WASHINGTON, Dec 11 (Reuters) - Fast food chain Burger King will avoid hundreds of millions of dollars in U.S. taxe...

Obama's Inversion Crackdown Not Enough To Keep Chiquita In America

The Huffington Post | Alexander C. Kaufman | Posted 10.22.2014 | Business

It was the best of times, it was the worst of times for companies to dodge taxes by moving to Ireland. So far, results have been mixed for new Trea...

Unfair Tax Policies Still Throwing Small Businesses for a Loop

John Arensmeyer | Posted 12.17.2014 | 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.

Obama Scores Big Win Against Tax-Dodging Deals

Reuters | Ben Hirschler | Posted 10.16.2014 | Business

LONDON, Oct 16 (Reuters) - U.S. drugmaker AbbVie has pulled the plug on its plan to buy Dublin-based Shire , recommending shareholders vote against th...

Tax Perversion

Jonathan Russo | Posted 12.07.2014 | Business
Jonathan Russo

Corporations in the U.S. do not view themselves as having a skin in the American game. They are not citizens of America; they are supra-citizens of the world who owe allegiance not to the stars and stripes but to whatever color flag their shareholders and executives wish to fly.

Warren Buffett: U.S. Never Followed Through On That Whole 'Tax The Rich' Thing

The Huffington Post | Alexander C. Kaufman | Posted 10.08.2014 | Business

Warren Buffett thinks it's a problem that some of the wealthiest Americans pay lower tax rates than their housekeepers. The billionaire investor sa...

Amazon Tax Scheme Being Investigated By EU

AP | By JUERGEN BAETZ | Posted 12.07.2014 | Business

BRUSSELS (AP) — The European Union is broadening its crackdown on multinationals' tax avoidance schemes, opening Tuesday an investigation into Amazo...

Today Show Sets Up Sting to Nab Soldiers Who Scam Thousands, Ignores Corporations Who Scam Billions

Ian Reifowitz | Posted 12.06.2014 | Media
Ian Reifowitz

It's not okay to steal just because one earns below the median income level. But as I watched "National Investigative Reporter" Jeff Rossen bear down on a soldier lucky to be earning one-fifth what he is, I wanted to know why this was the crime on which the Today show chose to focus.

Republicans Are in Corporations' Pockets on Tax Inversions -- Democratic Senate Candidates Should Hammer Them for It

Ian Reifowitz | Posted 12.01.2014 | Politics
Ian Reifowitz

Sen. Schumer urged Congress to craft a stricter definition of inversion and enact a ban on "earnings stripping." Earnings stripping? You'll love this. Earnings stripping refers to a practice by which a foreign-based parent corporation loans large sums to -- wait for it -- itself.

Ben Hallman

Big Pharma Is The Big Loser In New Tax-Dodging Rules | Ben Hallman | Posted 09.25.2014 | Business

There was a time when American pharmaceutical companies had finally found a way to access the large reserves of cash they had piling up in places like...

Obama Administration To Take Action Against Tax-Avoidance Inversion Deals

AP | JOSH LEDERMAN and JIM KUHNHENN | Posted 11.22.2014 | Politics

WASHINGTON (AP) — The Obama administration cracked down Monday on certain overseas corporate mergers and acquisitions, aiming to curb American compa...

Disputes Over Spending, War Dog Lame-Duck Congress

Reuters | Posted 11.19.2014 | Politics

By David Lawder WASHINGTON, Sept 19 (Reuters) - The U.S. Congress will face a contentious post-election session in November dominated ...

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...

ISIS Launches Canada Unit in Latest Tax Inversion Deal

Seriously Skewed | Posted 11.09.2014 | Comedy
Seriously Skewed

Now that American icon Burger King has agreed to merge with Canadian coffee chain Tim Hortons in a blatant "screw you" to the U.S. Treasury, the trend of moving abroad to save on taxes seems to be catching on. The latest party to take advantage of this is infamous terror group ISIS.

Chiquita's Tax Inversion Deal Could Be In Trouble

The Huffington Post | Alexander C. Kaufman | Posted 09.07.2014 | Business

Banana giant Chiquita Brands International’s plan to move to Ireland to dodge U.S. taxes may be in trouble. Institutional Shareholder Services, a...

Good to Be King

Jonathan Richards | Posted 10.27.2014 | Comedy
Jonathan Richards


Inside America's Shadiest Corporate Scam | Posted 08.27.2014 | Politics

Some of America's top corporations are parking profits overseas and ducking hundreds of billions in taxes. And how's Congress responding? It's rewardi...

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 ...

Warren Buffett Helping Burger King Cut Its Tax Bill

The Huffington Post | Mark Gongloff | Posted 08.26.2014 | Business

Warren Buffett has figured out how to anger people on both the right and the left when it comes to taxes. Buffett, America's most-beloved billionai...

Alexander C. Kaufman

Burger King Fans Call For Boycott Over Tax Dodge | Alexander C. Kaufman | Posted 08.26.2014 | Business

NEW YORK -- Burger King is getting whopped over its plan to avoid U.S. taxes by fleeing to Canada. People flooded the fast-food chain’s Facebook ...

Boycott Burger King

John R. Talbott | Posted 10.25.2014 | Business
John R. Talbott

Why should we boycott Burger King just because they are avoiding their US tax responsibilities? Because if they don't pay their fair share of US taxes, someone else has to, and that someone is you.

Alexander C. Kaufman

Burger King Dares Obama To Stop It From Fleeing To Canada | Alexander C. Kaufman | Posted 08.25.2014 | Business

Burger King’s plan to scurry across the Canadian border to avoid U.S. taxes could be seen as the corporate equivalent of flipping President Barack O...

Tax Inversion Wave Is Sweeping Away American Jobs

Gov. Jack Markell | Posted 10.19.2014 | Politics
Gov. Jack Markell

Congress and the Obama administration cannot wait any longer to come to agreement on reforming our corporate tax code to remove the loophole that creates this perverse incentive for sending job overseas and, instead, incentivize job growth at home.

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 ...