Posts Tagged ‘corporate tax evasion’

Apr
2012
20

U.S. PIRG: Nearly $100 Billion In Tax Revenue Is Lost Annually to Offshore Tax Havens

U.S. PIRG: Nearly $100 Billion In Tax Revenue Is Lost Annually to Offshore Tax Havens
U.S. PIRG, the federation of state Public Interest Research Groups, used Tax Day this week to release a new study showing the average American taxpayer will have to pay an extra $426, while small businesses will pay an extra $2,116, to make up for tax losses caused by corporations hiding money in offshore tax havens: [&hellip...
Mar
2012
22

U.S. Treasury Plans to Collect 28% Less in Corporate Taxes Than Originally Thought

U.S. Treasury Plans to Collect 28% Less in Corporate Taxes Than Originally Thought
The Center for Tax Justice notes that the Treasury Department’s monthly statement shows the U.S. will collect $96 billion less in corporate taxes than originally thought: The latest monthly statement by the Treasury Department contains a startling revelation: the amount that Treasury expects to collect in corporate taxes in 2012 has been...
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Nov
2011
8

Corporate Tax Evasion Study Flies in the Face of Speaker Boehner’s Dismissive Logic

Corporate Tax Evasion Study Flies in the Face of Speaker Boehner’s Dismissive Logic
The newest Center for Tax Justice (CTJ) Report shows what many Americans already know: the most profitable corporations in America aren’t paying their fair share of taxes and some of them are dodging them entirely. Thirty companies on the Fortune 500 actually enjoy negative tax income and a fourth pay less than ten percent: Looking [&hellip...