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Oxfam report: Large US multinationals stash billions offshore

Anjana Haines
April 12, 2017
The new reporting obligation seeks to prevent aggressive tax planning

Oxfam claims that the 50 largest US companies, including global brands Alphabet (Google), Pfizer, Goldman Sachs, General Electric, Chevron, Wal-Mart, Walt Disney and Apple, stashed $1.6 trillion offshore in 2015 to avoid tax – $200 billion more than the previous year.

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Topics

NewsUnited StatesDirect TaxUnited KingdomCompliance ManagementEuropeNorth America
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Anjana Haines
Managing editor ITR
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Anjana manages ITR’s online and print coverage, alongside the publication’s awards and events worldwide. She covers all areas of corporate tax matters, but particularly disputes, transfer pricing arrangements and tax treaty analysis.
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