The Washington Independent

Posts Tagged corporate

GAO: Many Bailout Recipients Operating in Tax-Haven Countries

By | 01.16.09 | 2:21 pm

Want to lower your taxes and maybe get a bailout?

Incorporate.

The Government Accountability Office released a report today indicating that 83 of the 100 largest U.S. corporations — including many that are benefiting from Washington’s many taxpayer-funded bailouts — operate subsidiaries in countries known to be tax havens. Additionally, More…