Yes it does. There are many doing similar and the accounting practices are pretty shocking. The average tax paid in the US on the F-500 companies, is something around 11%. This is after them reducing their taxes to near zero in the countries that money is earned.
Yes it does. There are many doing similar and the accounting practices are pretty shocking. The average tax paid in the US on the F-500 companies, is something around 11%. This is after them reducing their taxes to near zero in the countries that money is earned.