Tax avoidance - news and investigations | The Center for Public Integrity

Bankers, consumer groups clash over IRS plan to crack down on foreign tax cheats

By Michael Hudson

May 18, 2011

US banks say they shouldn't have to report foreign deposits

Excerpts from this story referencing "business":

"… orate Transparency Coalition, which describes itself as a network of small business, consumer, grass-roots, financial policy, faith-based, labor and governmen …"

Revisiting 'The Cheating of America'

By Caitlin Ginley

August 21, 2009

A settlement providing the Internal Revenue Service access to the identities of Americans holding secret accounts at Swiss bank UBS is being

An invitation to launder money

By Georg Mascolo

November 8, 1999

HAMBURG, Germany, November 8, 1999 — Whoever wishes to hide funds from the grips of tax authorities will find willing assistants in the Prin

Inside the shell: Drugs, arms and tax scams

By Gerard Ryle

June 28, 2011

The man behind shell companies linked to arms deals, drug lords and tax fraud.

Gimme shelter (from taxes)

By Jonathan Werve

July 15, 2004

U.S. oil and gas companies have 882 subsidiaries in tax haven countries

Audit rates of rich fall, audits of poor spike

By The Center for Public Integrity

December 10, 2008

The IRS has upped audits on the working poor while dramatically decreasing audits on corporations and the wealthy

U.S. companies hiding revenue offshore

By The Center for Public Integrity

December 10, 2008

The IRS does fewer audits on offshore taxpayers, even as more corporations move to hide revenue in offshore accounts

More corporations pay less in taxes

By The Center for Public Integrity

December 10, 2008

Corporate tax payments accounted for 23 percent of all federal tax revenue in 1960. By 2007 that figure had dropped to just 14 percent

Excerpts from this story referencing "Tax avoidance":

"… in federal taxes (though the IRS has since managed to recoup those funds). …"

"… s is closer to 17 percent — lower than that of most individual citizens. Tax avoidance tactics abound, including funneling U.S. profits to tax-free subsidiaries …"