iOS app Android app

Offshore Tax Havens

GE and Apple Do It, So Is Offshore Planning Really All That Taboo?

Andre Bourque | Posted 12.01.2014 | Business
Andre Bourque

Offshore accounts have made headlines recently, with 51 global jurisdictions agreeing to automatically share and exchange details of tax data. Included in this agreement is information on offshore accounts and their operational procedures.

Mark Cuban Threatens To Dump Companies That Move Offshore

The Huffington Post | Emily Cohn | Posted 07.25.2014 | Business

Corporate greed is getting out of hand, and Mark Cuban isn't going to take it anymore. The billionaire investor and owner of the NBA's Dallas Maver...

The Super Rich Are Richer Than We Thought, Hiding Huge Sums, New Reports Find

Posted 04.14.2014 | Politics

A new pair of reports suggests that the super rich are richer than we thought. The first report by Professors Emmanuel Saez (UC Berkeley) and Gabr...

Envy and Jealousy? Gag Me With a Silver Spoon

Michael Winship | Posted 05.25.2014 | Business
Michael Winship

The argument goes that instead of being jealous, we all should be working in harmony together to create jobs and opportunity. Problem is, the deeply rich talk about building the economy but do almost nothing about it.

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...

Ben Hallman

Tax Cheats Need A New Place To Hide Their Money

HuffingtonPost.com | Ben Hallman | Posted 08.29.2013 | Business

For the discerning American tax evader, there once was no more desirable location than Switzerland to stash cash. Swiss banks were prized for thei...

Does Your Company Park Its Cash Overseas?

The Huffington Post | Alexander Eichler | Posted 06.15.2013 | Politics

Are you interested in helping to track corporate cash as it travels around the globe? On Friday, the International Consortium of Investigative Jour...

Shahien Nasiripour

Help Expose Tax Cheats

HuffingtonPost.com | Shahien Nasiripour | Posted 06.17.2013 | Politics

WASHINGTON -- The International Consortium of Investigative Journalists (ICIJ) on Friday made public what it calls the most extensive collection of re...

A Sour Apple

Robert A.G. Monks | Posted 08.06.2013 | Politics
Robert A.G. Monks

Globalization has had many effects, but one of the greatest seems to be that corporations now have so many "homes" that they pick and choose the locations that offer them the best regulatory and tax breaks.

Major Companies Using Tax Havens Avoid Paying HOW MUCH To Uncle Sam?

The Huffington Post | Jillian Berman | Posted 06.03.2013 | Business

Apple may be getting all the attention from lawmakers and the news media for its offshore tax practices, but a new report finds that other major compa...

SEC Loophole Lets Companies Stash TRILLIONS Offshore

Posted 05.23.2013 | Business

The SEC is looking the other way when it comes to offshore subsidiaries and some of America's largest corporations are taking advantage. In recent...

Mark Gongloff

The 1 Chart That Reveals Just How Grossly Unfair The U.S. Tax System Has Become

HuffingtonPost.com | Mark Gongloff | Posted 05.23.2013 | Business

Apple CEO Tim Cook waved a magic wand in front of America on Tuesday, vanishing our outrage over how shamelessly companies avoid paying taxes, leaving...

Letter to Apple CEO Tim Cook from a Disgruntled Shareholder

Brian Levin | Posted 07.21.2013 | Technology
Brian Levin

I want Apple to innovate with new "incredibly great" products that wow the world like the iMac and iPhone did--not with new ways of nickel and diming Uncle Sam. Do what's right and stick to what Apple does best and continued success will surely follow.

Report: Apple Is Paying Almost No Taxes On Its Billions Stashed Offshore

Posted 05.20.2013 | Business

Just one day before Apple's CEO Tim Cook is expected to argue for corporate tax reform on Capitol Hill, a new report claims that the company is avoidi...

Apple's Cook Pushes Tax Overhaul

Reuters | Posted 07.17.2013 | Business

(Reuters) - Apple Inc CEO Tim Cook will propose tax changes that would encourage firms to bring home more of their offshore funds when he faces congre...

Zach Carter

New Reason For Rich Tax Cheats To Cheer

HuffingtonPost.com | Zach Carter | Posted 04.30.2013 | Politics

WASHINGTON -- Special IRS amnesty programs for illegal offshore tax evasion have brought billions of dollars to the U.S. government and opened a wealt...

Americans Using Tax Havens Are Costing The Rest Of Us $150 Billion

Posted 04.05.2013 | Business

Worried about the federal deficit? Then you're worried about foreign tax havens, the use of which is costing the U.S. $150 billion per year in the for...

Leaked Records Reveal Who Hides Their Wealth Overseas

The Guardian | David Leigh | Posted 04.03.2013 | World

Millions of internal records have leaked from Britain's offshore financial industry, exposing for the first time the identities of thousands of holder...

Starbucks Caught In Awkward Tax Claim

Posted 03.29.2013 | Business

In the latest development in the mounting controversy over corporate taxes in Britain, Dutch authorities are denying claims by Starbucks’ CFO Troy A...

Zach Carter

Wall Street Deregulation Roars Back On Capitol Hill

HuffingtonPost.com | Zach Carter | Posted 05.08.2013 | Politics

WASHINGTON -- A bipartisan cadre of House lawmakers will move on legislation to deregulate Wall Street derivatives Wednesday, less than a week after S...

10 Companies Whose Offshore Profits Are Exploding

The Huffington Post | Harry Bradford | Posted 03.13.2013 | Business

Sending profits away keeps the taxman at bay. That's the motto that Apple, along with dozens of other companies, has subscribed to in an effort to...

Famous House-Shorter Mulls Move To Puerto Rico To Avoid Taxes: Report

The Huffington Post | Mark Gongloff | Posted 03.11.2013 | Business

The man who made billions shorting your house is now thinking of saving millions by shorting America itself, of tax dollars. John Paulson, manager ...

Jack Lew, Citigroup and the Ugland Truth

Michael Winship | Posted 05.09.2013 | Politics
Michael Winship

Jack Lew is, by all accounts, a decent guy and dedicated public servant, but like so many of our recent treasury secretaries is so deeply immersed in the old boy nexus of Wall Street and government as to have little comprehension of how, in the midst of a soaring Dow Jones, so many millions struggle to make ends meet.

So Much Corporate Cash, So Little Use

The Huffington Post | Mark Gongloff | Posted 03.08.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Ben Hallman

New 'Territorial' Tax Push Could Allow Companies To Pay Even Less In Taxes

HuffingtonPost.com | Ben Hallman | Posted 03.06.2013 | Business

Corporate profits are soaring, but many of the largest American companies say they need tax relief in order to compete with foreign foes. On Wedn...