Big Companies Moving Overseas to Avoid Taxes

  • BGSS & Co
  • Big Companies Moving Overseas to Avoid Taxes
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  • News
  • ||
  • August 29, 2012
One of the main reasons many U.S. firms are relocating out of country is to avoid the corporate tax rate, which is 35%. (In comparison, Ireland’s is 12.5%.) Although both parties agree the U.S. corporate tax code needs to be rewritten, companies worry taxes will rise in the future if Congress doesn’t amend laws next year.

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