Tag: tax loopholes
Double Irish Deception: How Google-Apple-Facebook Avoid Paying Taxes
Facebook, Google, Apple – three big name companies you have all heard of and know well. But there are a few “shady” things about these companies you may not know. For example you may not know that they send a portion of their profits overseas rather than being taxed in the US. This scheme has been nicknamed Double Irish.
How the Super Rich Avoid Paying Taxes
If you’re one of the 1% of Americans who control over 40% of the country’s wealth, life is full of choices. Among them — how best to keep all that money away from the government. The U.S. economic system offers no shortage of loopholes allowing the ultra-rich to shortchange Uncle Sam. This infographic from Top Accounting Degrees reveals some of them.
