Here’s a Corporate Tax Loophole a Porsche Could Drive Through

Date: Jul 10 2012

Filed under: Company News, Taxes

PorscheFor years, much of the tax-paying American public has been appalled by the loopholes that U.S. corporations and rich individuals use to reduce their tax liability to the IRS.

Elsewhere in the world, those big money players generally abided by more stringent rules.

But just as the U.S. has exported American culture in everything from entertainment to fast food, so, too, have companies in other countries started mimicking the moves that have made U.S. corporations infamous.

Since 2008,…

Here’s a Corporate Tax Loophole a Porsche Could Drive Through originally appeared on DailyFinance.com on 2012-07-09T14:06:00Z.

Permalink | Email this | Comments

http://www.dailyfinance.com/2012/07/09/heres-a-corporate-tax-loophole-a-porsche-could-drive-through/