Archive for January, 2009
Monthly Archive
Sunday, January 18th, 2009
Many Bailed-out Companies Have Offshore Tax Shelters
Crooks & Liars pointed out some frustrating realities with this excerpt from a Washington Post article:
A majority of America’s largest publicly traded companies and the U.S. government’s largest federal contractors — including some receiving millions in federal bailout money — use multiple subsidiaries in offshore tax havens to conduct business and avoid paying [...]
