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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The revelations that global and multinational businesses have been brokering "secret" tax deals with Luxembourg to avoid paying taxes in their home countries, may be the first time an entire country has been implicated in ...
Economics & Business
Nov 28, 2014
1
0
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
Apple has more than $81 billion parked overseas. Microsoft has $54 billion, Google $43 billion and Cisco $42 billion.
Business
Aug 2, 2012
62
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Ireland is not a tax haven and Internet giants such as Yahoo! are attracted to the low-tax country for sound business reasons, the Irish prime minister insisted on Friday, fending off a French attack.
Business
Feb 7, 2014
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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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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
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
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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