U.S. corporations have $2.1 TRILLION in profits stashed offshore – much of it in tax havens. As long as those profits are offshore, a tax
ATF Letter Opposing Subpart F Active Financing Exception, CFC Look Through Rule and Bonus Depreciation.
ATF letter to members of the Ways and Means Committee opposing tax breaks for corporations.
A groundbreaking report reveals that Walmart has built a vast, undisclosed network of 78 subsidiaries and branches in 15 overseas tax havens, which may be used to minimize foreign taxes where it has retail operations and to avoid U.S. tax on those foreign earnings. These secretive subsidiaries have never been subject to public scrutiny before.
Opinion piece by Frank Clemente, Executive Director of Americans for Tax Fairness on the House of Representatives vote to extend the R&D tax credit.