US banks getting help have units in Caribbean tax havens, says GAO

Us Banks Units Caribbean Tax Havens Gao - Trinidad, Tobago / Caribbean - Posted: 25th Jan, 2009 - 1:05pm

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Cayman Islands - News from the Cayman Islands
Post Date: 25th Jan, 2009 - 1:05pm / Post ID: #

US banks getting help have units in Caribbean tax havens, says GAO

US banks getting help have units in Caribbean tax havens, says GAO
Cayman Islands Cruse, Ship Tours, Fishing Cayman Islands News

WASHINGTON, USA (Reuters): Most of the 100 largest US companies, including big banks that recently received federal bailouts, have foreign subsidiaries, including some in Caribbean tax havens such as the Cayman Islands, that may help the corporate parent avoid paying US taxes.
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US banks getting help have units in Caribbean tax havens, says GAO

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Can someone tell me more about us banks getting help have units in caribbean tax havens, says gao it should be investigated right away to find out and know to get the facts.


 
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