« Jury Deadlocked over Contract Bribe | Main | Harassment Charges must be 'Independently Investigated' »
May 07, 2008
Targeting Contractor Tax Havens
Sen. Byron Dorgan, D-N.D., announced plans to offer an amendment to the fiscal 2008 emergency Defense Department supplemental to restrict any of the supplemental funds from going to firms that set up offshore subsidiaries to avoid paying U.S. taxes.
Havens have been a long cherished business practice by US-funded contractors.
Farah Stockman with The Boston Globe again began fanning the flames on the use of tax havens last month, triggering the attention of Henry Waxman's oversight congressional committee: Top Iraq contractor skirts US taxes offshore.
She followed up last week with Shell firms shielded US contractor from taxes.
Posted by davidphinney at May 7, 2008 02:21 PM
Trackback Pings
TrackBack URL for this entry:
http://www.davidphinney.com/movabletype/mt-tb.cgi/379