5 Facts About The Overseas Tax Rate


How About Tax Havens?

The U.S. Congress, as part of its push back against requests for cutting corporate taxes on overseas earnings, published a list of countries with low or no taxes, including a number of tax havens.

Interestingly, for some of those countries (pictured), U.S.-controlled corporation profits account for as much as 6.5 times those countries' total GDP.

Image Source: Congressional Research Service, June 2010