Who knew?
U.S. companies with offshore operations could be saving billions of dollars by utilizing apparently legal tax maneuvers, according to a new study. The Organization for Economic Cooperation and Development, in a report released Monday, found that companies around the world are using a sometimes complex series of moves to take advantage of differences in how various countries tax corporate income.
In other dog-bites-man tax news, Mitt Romney favors tax policy that is advantageous for rich guys.
