Why did US authorities raid Caterpillar’s facilities?

Lena Angvik

March 07, 2017

A raid on three of Caterpillar’s facilities last week, including its headquarters, is linked to investigations into its subsidiaries in Switzerland, where the company allegedly shifted billions of dollars in profits to avoid paying US taxes.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

Lena Angvik

Lena Angvik worked at ITR between 2016 and 2018

more across site & bottom lb ros

More from across our site

Transfer Pricing

TP tech provider Aibidia agrees AI partnership

Aibidia said the IBFD collaboration will benefit TP professionals through more robust risk assessments and compliance planning

Sam Sholli, December 12, 2024

Transfer Pricing

Night cityscape with bilding and road in Beijing city

TP audits in China: a case study and emerging trends

Chinese tax authorities are increasing their scrutiny of high and new technology enterprises, which stresses the importance of strong documentation, says Abe Zhao of FenXun Partners

Abe Zhao, December 11, 2024

Direct Tax

OECD Africa report underscores CIT impact on tax revenues

A boom in corporate tax revenue from extractive sector profits propelled Chad and the Democratic Republic of Congo to financial growth

Sam Sholli, December 11, 2024

Direct Tax

Council of the EU adopts withholding tax efficiency rules

The FASTER directive is aimed at making withholding tax procedures in the EU safer and more efficient for cross-border investors, national tax authorities and financial intermediaries

Sam Sholli, December 10, 2024