Day: October 4, 2016

  • Study: 73% of Fortune 500 Companies Used Tax Havens in 2015

    $2.5 Trillion in Offshore Profits, Worth $717.8 Billion in Federal Taxes WASHINGTON – 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,…