Posts Tagged ‘tax loopholes’

Billions in Tax Revenue Lost Through Foreign Tax Havens

U.S. corporations have stashed profits totaling trillions of dollars in offshore tax havens, potentially avoiding billions in federal taxes, according to a new report issued by the Economic Policy Institute (EPI) and Americans for Tax Fairness (ATF). States also lose revenue when corporations and wealthy individuals avoid taxes through the use of foreign tax havens.…

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