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
Next Slide >