Caterpillar is valued at almost $50 billion. So how does the company pay taxes in the low single digits? Check out the presentation below to find out how Caterpillar has structured itself to achieve an astonishingly low corporate tax liability. […]
The IRS discourages bidders from partaking in offshore takeovers to receive inappropriate tax breaks. This scrutiny has caused potential suitors looking to acquire foreign reinsurers to back out from merger deals. Bermuda-based reinsurer, Montpelier Re Holdings Ltd., has admitted that […]
Business owners often end up intertwining their business and personal finances. It may seem that you are your business but interweaving both of these two aspects will create a mess at tax time. Even if your company is a start-up […]
Last month, the Irish Finance Minister announced that the Double Irish, a well-known tax inversion tactic, would likely be eliminated starting in 2015. The changes could have major ramifications for several U.S. based tech companies. Much to our relief, this […]
Google’s acquisition of Waze, an Israeli based app that crowd-sources traffic information, will cost the company $373 million in taxes, according to Haaretz. Google acquired Waze in June, following rumors that Apple and Facebook were both bidding for the company. […]
Offshore tax havens are about to become a thing of past. Now a popular scheme in corporate financial planning, often explicitly complex corporate financial structures are created that multifariously expand between numerous different countries, and that offer lucrative tax havens […]