#taxshelters — Public Fediverse posts

https://www.europesays.com/people/115390/ Jeff Bezos Used a ‘Billionaire Bunker’ as a Tax Shelter — 5 Ways You Can Create Your Own #CapitalGainsTax #EstateTax #IncomeTax #IndividualIncomeTax #InheritanceTax #InheritanceTaxes #JeffBezos #PropertyTax #TaxShelters

Companies making similar moves spanned nearly every sector of the #economy: Walmart & Uber; Mastercard & Pepsi; Crocs & Merck; Honeywell & Cigna. To put the $40 billion in taxes they avoided in perspective, it would be enough to triple the annual budget of the Federal Aviation Administration or U.S. Customs and Border Protection.

#law #plutocracy #criminal #Trump #billionaires #corporations #TaxDodging #TaxShelters #CorporateTax #business #IRS #SEC

A favorite destination was the tiny Mediterranean island of Malta, where #AbbottLaboratories, the #pharmaceutical giant, has claimed all its global profits were earned by a subsidiary with no employees. Malta helped the company cut its tax bill by $336 million last year, the filings show.

#law #plutocracy #criminal #Trump #billionaires #corporations #TaxDodging #TaxShelters #CorporateTax #business #economy #IRS #SEC

#AmericanExpress avoided paying $423 million in #taxes last year using the island of Jersey. #PayPal trimmed its taxes by nearly half during 2025 thanks to its units in Singapore. Stanley #BlackAndDecker cut its bill by $27 million — nearly one third — using the island of Cyprus.

#law #plutocracy #criminal #Trump #billionaires #corporations #TaxDodging #TaxShelters #CorporateTax #business #economy #IRS #SEC

A NYT review of #securities filings from nearly 500 companies showed that they avoided taxes by attributing hundreds of billions of dollars in earnings to low- or no-tax foreign locales like #Cyprus, #Bermuda, #Switzerland & the #CaymanIslands. Often, #corporations funneled profits through subsidiaries in places where they had no employees, offices or customers.

#law #plutocracy #criminal #Trump #billionaires #TaxDodging #TaxShelters #CorporateTax #business #economy #IRS #SEC

A year ago, the #Trump admin withdrew from a global effort to curb offshore #TaxDodging by multinational companies. That decision has been a huge gift to #corporations in the #US, enabling companies to avoid at least $40 billion in income #taxes since the beginning of 2025.

#law #plutocracy #criminal #billionaires #TaxShelters #CorporateTax #business #economy #IRS #SEC

#GiftArticle

This is what he’s talking about when he says he’s cut taxes:

#Trump Has Allowed #Corporations to Skirt at Least $40 Billion in #Taxes

#TaxHavens became more appealing after Trump signed an order over a year ago to withdraw the #US from an international effort to end such schemes.

#law #plutocracy #criminal #billionaires #TaxDodging #TaxShelters #CorporateTax #business #economy #IRS #SEC
https://www.nytimes.com/2026/05/29/business/economy/offshore-tax-havens-trump.html?unlocked_article_code=1.mFA.sFke.xRS1hemEGeWv&smid=nytcore-ios-share

https://www.europesays.com/news/34403/ Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus #CorporateTaxes #DeductionsAndExemptions #Headlines #Malta #News #TaxCredits #TaxEvasion #TaxShelters #taxation #TopStories #UnitedStatesPoliticsAndGovernment

There's an irony of modern art commenting on consumerism and capitalism being used to generate consumer junk and as a vehicle for the wealthy to shelter their wealth from taxes.

#capitalism #art #consumerism #taxshelters #highart #modernart

of course

#Trump Admin Halts #IRS Crackdown on Major #TaxShelters

The #Treasury Department is rolling back efforts to shut down aggressive strategies used by America’s biggest multinational companies & wealthiest people.

#law #criminal #billionaires #plutocracy #oligarchy
https://www.nytimes.com/2025/09/09/business/trump-irs-tax-shelters.html?smid=nytcore-ios-share&referringSource=articleShare

My weekly #comic begs the question, "how do you want to be remembered?"

Help support this by sharing and/or visiting http://eupologies.com

#comic #eulogy #funeral #taxshelters

How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes - The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in ... - https://www.nytimes.com/2024/12/05/business/nvidia-jensen-huang-estate-taxes.html #inheritanceandestatetaxes #highnetworthindividuals #internalrevenueservice #nvidiacorporation #willsandestates #capitalgainstax #huangjen-hsun #computerchips #taxshelters #huanglori

Tether Co-Founder Faces the Unraveling of a Crypto Dream - Brock Pierce arrived in Puerto Rico seven years ago, promising to use crypto magic to rev... - https://www.nytimes.com/2024/08/13/technology/brock-pierce-crypto-puerto-rico.html #viequesisland(puertorico) #politicsandgovernment #sanjuan(puertorico) #entrepreneurship #virtualcurrency #taxshelters #puertorico

"Ukrainian President Volodymyr Zelensky rode to power on pledges to clean up the Eastern European country, but the Pandora Papers reveal he and his close circle were the beneficiaries of a network of offshore companies"
#corruption #Ukraine #banking #plutocracy #oligarchy #finance #TaxShelters
https://www.occrp.org/en/the-pandora-papers/pandora-papers-reveal-offshore-holdings-of-ukrainian-president-and-his-inner-circle

Elon Musk Has a Giant Charity. Its Money Stays Close to Home. - After making billions in tax-deductible donations to his philanthropy, the owner of Tesla... - https://www.nytimes.com/2024/03/10/us/elon-musk-charity.html #taxcreditsdeductionsandexemptions #spaceexplorationtechnologiescorp #stockoptionsandpurchaseplans #brownsville(tex) #teslamotorsinc #bocachica(tex) #muskfoundation #boringcompany #philanthropy #taxshelters #muskelon

I just listened to A Reporter at Large: Trust Issues in the Audm app. Published by The New Yorker. Written by Evan Osnos. https://share.audm.com/share/newyorker/trust-issues-osnosb #getty #taxshelters #taxavoidance #trustfunds #taxreform

ah shoot I done forgot once again to hashtag this dang thing

hmm. #realestate #ponzi #farming #farm #yimby #energy #renewableenergy #renewable #wind #taxshelters #breakuptheestates

Researchers say a coordinated misinformation campaign on Twitter backed Kenya’s president. - The research underscores how online platforms based in the United States still struggle t... - https://www.nytimes.com/live/2020/2020-election-misinformation-distortions/researchers-say-a-coordinated-misinformation-campaign-on-twitter-backed-kenyas-president #computersandtheinternet #rumorsandmisinformation #kenyattauhurumuigai #mozillafoundation #pandorapapers #socialmedia #taxshelters #twitter