International taxation : large U.S. corporations and federal contractors with subsidiaries in jurisdictions listed as tax havens or financial privacy jurisdictions : report to congressional requesters.

Format:

Book

Government document

Author/Creator:

United States. Government Accountability Office.

Language:

English

Subjects (All):

Tax havens.

International business enterprises--Taxation.

International business enterprises.

Corporations, American--Taxation.

Corporations, American.

Subsidiary corporations--Taxation--United States.

Subsidiary corporations.

Government contractors--Taxation--United States.

Government contractors.

Government contractors--Taxation.

Subsidiary corporations--Taxation.

United States.

Physical Description:

1 online resource (ii, 58 pages, digital, PDF file)

Other Title:

International taxation : large United States corporations and federal contractors with subsidiaries in jurisdictions listed as tax havens or financial privacy jurisdictions

Large U.S. corporations and federal contractors with subsidiaries in jurisdictions listed as tax havens or financial privacy jurisdictions : report to congressional requesters

U.S. corporations with foreign subsidiaries

Place of Publication:

[Washington, D.C.] : U.S. Govt. Accountability Office, [2008]

System Details:

text file

Summary:

Many U.S. corporations operate globally and have foreign subsidiaries. The subsidiaries may be created, for example, to take advantage of sales opportunities or favorable labor conditions. In some cases they may be used to reduce taxes. GAO was asked to update its 2004 report on large federal contractors with subsidiaries in countries sometimes called tax havens because of low taxes and a general lack of transparency. In response, GAO determined how many of the 100 largest publicly traded U.S. corporations and the 100 largest publicly traded U.S. federal contractors have subsidiaries in jurisdictions listed as tax havens or financial privacy jurisdictions. GAO (1) combined three lists of such jurisdictions created by governmental, international, and academic sources and (2) identified large publicly traded U.S. corporations and federal contractors and the locations of their subsidiaries using the Fortune 500 list, a federal contracting Web site, and a Securities and Exchange Commission (SEC) database.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection. Reuse except for individual research requires license from ProQuest, LLC.

Includes bibliographical references.

Electronic reproduction. [Bethesda, Md.] : ProQuest, 2004. digital, PDF file. ProQuest U.S. Congressional Research Digital Collection. Mode of access: World Wide Web via ProQuest website.

Other Format:

Print version: United States. Government Accountability Office. International taxation

Microfiche version: United States. Government Accountability Office. International taxation. CIS 2009 J942-51

Access Restriction:

Restricted for use by site license.