BREAKING: Multinational Corporations Engage in Complex Planning Strategies to Avoid Taxes

Who knew? 

U.S. companies with offshore operations could be saving billions of dollars by utilizing apparently legal tax maneuvers, according to a new study. The Organization for Economic Cooperation and Development, in a report released Monday, found that companies around the world are using a sometimes complex series of moves to take advantage of differences in how various countries tax corporate income.  
In other dog-bites-man tax news, Mitt Romney favors tax policy that is advantageous for rich guys.
 

Related articles

Explosion

UPDATED: What In the Hell Is Happening to CCH?

Get excited, Tax Twitter, you’re about to get your moment in the sun. Granted it’s a moment of total panic, but still, a moment. So, if you haven’t heard, CCH has been borked since yesterday. When we say borked, we don’t mean “some users are having access problems,” rather the entire thing has been nuked […]