Congressional leaders are looking to clamp down on offshore tax havens after a Government Accountability Office report found that 83 of the 100 largest publicly traded U.S. corporations have ...

Offshore tax havens are a hot topic these days – due in no small part to the Obama campaign’s attacks on Mitt Romney’s foreign holdings. But beyond that, governments across the globe are hard up for ...

Defense contractors expanded their use of offshore facilities from 2003 to 2008 mostly to avoid paying payroll taxes, GAO said in a new report. U.S. defense contractors’ growing use of offshore ...

The future is bright for corporate tax dodgers. While the rest of the world is working together on a plan to crackdown on big companies’ use of offshore tax havens, both Congress and the White House ...

Since taking office, President Barack Obama has been making strides to fulfill his promise to crack down on foreign tax havens. In February, the Swiss bank UBS, under an agreement with the Internal ...

WASHINGTON — Following through on a campaign promise to stop rewarding companies that send jobs and money overseas, President on Monday called for eliminating various loopholes that benefit ...

GENEVA (Reuters) - Efforts to stop companies syphoning money through tax havens are failing and offshore centers increased their share of foreign direct investment (FDI) again last year, according to ...

The Massachusetts Public Interest Research Group released a report April 4, which revealed that Mass. taxpayers are forced to make up revenue lost due to offshore tax havens by wealthy individuals and ...

LONDON, July 22 (Reuters) - Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax ...

President Obama on Tuesday criticized loopholes that help protect offshore tax havens and U.S. companies that move abroad for lower tax rates. “A lot of these loopholes come at the expense of ...