offshore tax havens

538 Organizations Call on U.S. Senators to Support the Stop Tax Haven Abuse Act

WASHINGTON – The South Carolina Small Business Chamber and the American Sustainable Business Council signed onto a letter released yesterday by the Americans for Tax Fairness and the Financial Accountability & Corporate Transparency (FACT) Coalition  that included 538 organizations calling on Members of the U.S. Senate to support the Stop Tax…

Nations pulling together to fight multinational corporation freeloaders

Last month in Great Britton the collection of the world’s top eight economic nations (the G8) decided to get tough on multinational corporations evading paying taxes.  Last week the top 20 economic nations (the G-20) endorsed the outline of a plan to do the same thing. The full plan by…

The G8 nations and small businesses have something in common

The split in business opinion (see story below) on whether the economic world powers represented at the G8 summit should crack down on offshore tax havens that deprive nations of corporate tax revenue is easily understood.  Organizations like the U.S. Chamber of Commerce, which represents multinational corporations, want to protect…

Tax havens unfair to small businesses

The Washington Post Published: April 22 The latest deficit-reduction plan offered by Erskine Bowles and Alan Simpson supports the interests of big business at the expense of the United States’ small businesses by calling for adoption of a territorial tax system. In two recent polls, small-business owners have soundly rejected…

New Poll of Small Business Owners

Reveals Strong Bipartisan Opposition to Corporate Tax Loopholes First Poll on Overseas Tax Haven Reforms Finds Rejection of “Territorial” Tax System April 9, 2013, Washington, D.C. – Small business owners oppose the current system for taxing U.S.-based multinational corporations, according to a new poll. The national scientific poll released today…

New Study: Offshore Tax Dodging Blows $40 Billion Hole in State Budgets

Congress Poised to Debate Closing Corporate Tax Loopholes, Bring States Budget Relief Read the Report: www.uspirgedfund.org/reports/usf/hidden-cost-offshore-tax-havens Washington, February 5th – With states across the country facing dire fiscal crunches and lawmakers in Washington gearing up for more budget showdowns, U.S. PIRG Education Fund released a new study revealing that state…