45% Of US Biz Income Abroad In Tax Havens, Data Shows

By Kevin Pinner · August 23, 2024, 3:40 PM EDT

U.S. multinational corporations booked about 45% of their $1.33 trillion in net foreign income in 2022 in low-tax jurisdictions where around 1.7% of their employees are located, according to an analysis of data released...

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