DENEE ANAYA
  • Home
  • Top Stories
  • Healthy Living
  • Beauty
  • Style
  • Music
  • New Artists/TB Artist
  • News Archives
  • Politics
  • Celebrity Life
  • Denee Anaya's Journal

Top sTories

Several Major Companies Get Out Of Paying Almost $100 Billion In U.S. Tax Dollars

6/3/2013

 
Picture
At least 18 major U.S.Companies used tax havens to get out of paying billions in U.S. tax dollars. According to a report by the Citizens for Tax Justice, companies like Nike, Apple and Microsoft have kept a combined 92 billion dollars in profits in off shore accounts to avoid paying taxes on the money.

Only when a corporation brings this money back to the U.S., does it have to pay taxes. An then only the difference between what was previously paid in taxes to the country abroad and the top U.S. corporate tax rate. Read more at www.huffingtonpost.com
 


Comments are closed.
    Picture

    Author

    Denee Anaya - 
    Politics, Entertainment, Fashion, Lifestyle

    Archives

    April 2017
    January 2017
    November 2015
    August 2015
    July 2015
    February 2015
    August 2014
    June 2014
    February 2014
    January 2014
    November 2013
    June 2013
    May 2013
    April 2013

    RSS Feed

Powered by Create your own unique website with customizable templates.