For big multinationals that love tax havens, the start of 2024 was not a cause for celebration. On Jan. 1, the European Union, Japan, Canada, and Australia joined other jurisdictions in requiring their largest companies to ...
Economics & Business
Feb 12, 2024
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9
In Russia this summer, you can still enjoy a Cornetto, but you can forget about eating a Tunnock's tea cake or a Big Mac. This is because Cornetto's UK-headquartered parent company, Unilever, is still operating in Russia ...
Economics & Business
Aug 11, 2023
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18
Secrecy has become as important for corporations as transparent and taxable profits used to be, according to Raymond W. Baker in his new book Invisible Trillions. Global capitalism, he argues, operates beyond the rule of ...
Economics & Business
Feb 15, 2023
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6
An increasingly connected world and a strong digital economy have made it easier for multinational companies to have investments in multiple countries. This investment, where the company buys a controlling stake in a foreign ...
Economics & Business
Jan 5, 2023
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3
Companies incorporated in tax havens are often considered more opaque regarding their finances, which could make them risky investments. But a recent study from North Carolina State University finds that many of these companies ...
Economics & Business
May 3, 2022
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Billion-pound tax dodging companies behave like "parasites," robbing from the poor on a grand scale, according to new research.
Economics & Business
Apr 5, 2022
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10
About half of all the foreign profits of US multinationals are booked in tax havens with Ireland topping the charts as the favorite, according to a new economic study on Monday.
Business
Sep 10, 2018
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6
The release of the "Paradise Papers" and "Panama Papers" exposed how multinationals, politicians and the wealthy use offshore tax havens to conceal their wealth and money flows, and reduce their exposure to tax. Now, a team ...
Environment
Aug 13, 2018
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1739
Some large, publicly held companies are incorporated in tax haven countries, ostensibly to increase value for shareholders. But new research from North Carolina State University and the University of Arkansas finds that many ...
Economics & Business
Jun 19, 2018
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0
Bill Gates has stated in an interview that robots who take human jobs should pay taxes. This has some obvious attractions. Not only, as Gates says, will we be able to spend the money to finance jobs for which humans are particularly ...
Business
Mar 10, 2017
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