Information on Federal Contractors That Are Incorporated Offshore
Description:
Correspondence issued by the General Accounting Office with an abstract that begins "Some U.S.-based multinational companies have found that the effective tax rate on income earned from foreign sources can be reduced if they are incorporated in countries that either do not tax corporate income at all or tax the income at a lower rate than the U.S. corporate tax rate. Consequently, some U.S.-based companies incorporate from the outset in these so-called "tax haven" countries. In addition, some c…
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Date:
October 1, 2002
Creator:
United States. General Accounting Office.
Item Type:
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Partner:
UNT Libraries Government Documents Department