Thursday, January 23, 2025

$1 trillion in unpaid corporate taxes sparks UN tussle

The IRS is cracking down on domestic tax evasion by going after wealthy individuals and complex private partnerships, but some of the biggest tax evaders — U.S. multinational corporations — are still exploiting legal gray areas to stash money overseas and keep it out of the government’s reach. Fed up with a stalled international effort…

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