4 Ways Big Companies Avoid Taxes
On paper, the US has what is often said to be the highest corporate income tax rates in the developed world. At 35 percent, the US’s corporate income tax is the highest rate compared to all of the OECD industrialized nations.
Can Ecuador End Politicians’ Use of Tax Havens?
Ecuador will hold a referendum to prevent all politicians and public servants in the country from keeping money in offshore accounts. The referendum is intended to help mitigate problems of tax avoidance, which the Ecuadorian government says cuts significantly into its revenue and hinders its ability to provide public goods for the benefit of the people.
Major Study Reveals the Wealthy Avoid Taxes More than Previously Thought
Tax records are absolutely integral to the study of economic inequality, providing comprehensive information on income – and in some countries the wealth – of taxpayers in a given jurisdiction.