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.
 

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