Latest News for: Tax shelter offshore

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SCOTUS Ruling on Moore Prevents Big Retroactive Corporate Tax Break, Leaves Door Open to Federal ...

Common Dreams 20 Jun 2024
While this tax on corporate profits stashed offshore was a half-measure, it was an important one that raised a lot of revenue ...Today’s ruling is a win for anyone who didn’t shelter income in offshore tax havens before 2018.
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Happy Tax Day

The Knoxville Focus 16 Apr 2024
Happy Tax Day ... The budget also calls for a $5 trillion tax increase over 10 years ... However, there will be increased incentives to move corporate activity offshore to lower-tax countries ... This has often been the case when taxes go up.
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Data prove it: The Trump tax cuts soaked the rich

New York Post 01 Mar 2024
High-income earners shelter less and earn more when top tax rates fall ... Green-energy tax write-offs provide massive shelters for the rich too. High tax rates also send economic activity and taxable income offshore to lower-tax nations.
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Ohio hospitals, universities invest billions in offshore tax shelters around the world

The Columbus Dispatch 16 Jan 2024
"Hopefully there will be less incentive to invest in tax shelters and some of these other entities," he said.How tax-exempt status is part of a 'social bargain' ... taxes, he said something's got to give.
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How AI Could Act as Boost for Investigative Journalism

Beijing News 10 Jan 2024
By using AI as a tool, news organizations and reporters were able to organize and use the Panama Papers' data to expose the offshore accounts and tax shelters created by some of the world's wealthiest ...
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‘Crazy rich’ Chinese making headaches for Singapore

Asiatimes 07 Dec 2023
... in 2020, similar to those renowned in offshore hubs like the Cayman Islands and Luxembourg that provide tax and legal shelter for hedge funds, venture capital and private equity firms, among others.
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'Rich Men' singer Oliver Anthony tells Joe Rogan political outrage over song has been 'funny to watch'

Canoe 31 Aug 2023
... I’d sing about CEOs who make 400 times their average workers salary (up from 50 times 30 years ago) & corps that pay zero taxes & offshore tax shelters for billionaires,” Wilson tweeted.
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Joe Rogan and Oliver Anthony mock ‘out of touch’ celebrity backlash to hit song ‘Rich ...

New York Post 31 Aug 2023
If I were writing a song about ‘rich men north of Richmond’ I wouldn’t talk about obese people on welfare, I’d sing about CEOs who make 400 times their average workers salary (up from 50 ...
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Patriotism goes beyond symbolic acts

The Buffalo News 23 Aug 2023
On the Fourth of July, we are all are red, white and blue patriots ... My service earned me the G.I ... Giving thanks is not enough ... American businesses and individuals can show their patriotism by repatriating money they are hiding in offshore tax shelters.
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My View: Patriotism goes beyond symbolic acts

The Buffalo News 23 Aug 2023
Mike Phalen. On the Fourth of July, we are all are red, white and blue patriots ... My service earned me the G.I ... American businesses and individuals can show their patriotism by repatriating money they are hiding in offshore tax shelters ... ....
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The OECD's Herculean tax task and how it impacts Israel

The Jerusalem Post 20 May 2023
... offshore tax haven ... By contrast, Pillar 2 will soon impose a global 15% minimum tax rate on a country-by-country basis and not one blended pot that can shelter offshore profits against onshore profits.
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'Rich Men' singer Oliver Anthony tells Joe Rogan political outrage over song has been 'funny ...

Toronto Sun 09 May 2023
... I’d sing about CEOs who make 400 times their average workers salary (up from 50 times 30 years ago) & corps that pay zero taxes & offshore tax shelters for billionaires,” Wilson tweeted.
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This is a story as old as capitalism

Raw Story 29 Apr 2023
Billionaire’s taxes have fallen by a full 79 percent since Reagan’s election in 1980, and a 2012 analysis found that as much as $32 trillion was safely squirreled away in tax-fraud offshore shelters.
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Will Coggin: The latest tax dodgers? Charities

Waco Tribune-Herald 28 Apr 2023
But what if I told you that some of the charities you’re giving to use offshore accounts in the Caribbean to avoid taxes and divert donations away from their missions? ... But your donation may wind up in a tax shelter instead of a pet shelter.
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Why the GOP May Actually Want a Second Great Depression

Democratic Underground 28 Apr 2023
... as much as $32 trillion was safely squirreled away in tax-fraud offshore shelters...This is why Kevin McCarthy’s proposed legislation to raise the debt ceiling would strip $80 billion from the IRS.
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