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Study: 73% of Fortune 500 Companies Used Tax Havens in 2015
In 2015, more than 73 percent of Fortune 500 companies maintained subsidiaries in offshore tax havens, according to “Offshore Shell Games,” released today by the U.S. PIRG Education Fund, Citizens for Tax Justice and the Institute on Taxation and Economic Policy. Collectively, multinationals reported booking $2.5 trillion offshore, with just…
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Click here to read the full story: U.S. PIRG Education Fund, Citizens for Tax Justice and the Institute on Taxation and Economic Policy.