5 Facts About The Overseas Tax Rate

Email this CRN article

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


Email this CRN article