Rich U.S. Mainlanders Are Finding a Tax Paradise in Puerto Rico

Ilana Novick / Truthdig Sep 18, 2018 Thanks to two obscure laws, those with the means to live there for half the year can skip out on taxes while the island struggles to rebuild after Hurricane Maria. Dig deeper ( 3 Min. Read )

Tax Havens Pose Threat to Oceans and Rainforests

Alex Kirby / Climate News Network Aug 15, 2018 Most of the foreign money funding ocean plunder and the felling of the Amazon forest comes from havens designed to conceal wealth and money flows of multinationals, politicians and the rich, researchers say. Dig deeper ( 3 Min. Read )

‘Paradise Papers’ Show Tax Havens Are Central to Western Capitalism

Staff and Larry Gross / Truthdig Nov 12, 2017 Author Thomas Frank discusses revelations regarding tax avoidance by some of the world's wealthiest people; in other news, an analysis of Wikipedia reveals a surprising fact. Dig deeper ( 2 Min. Read )

Arrest Warrants, Probes as World Responds to ‘Paradise Papers’

Sasha Chavkin / Reveal Nov 11, 2017 Governments are launching investigations and audits stemming from the disclosure of the financial documents. An Argentine prosecutor is calling for the arrest of four university officials. Dig deeper ( 2 Min. Read )

Editorial Cartoons

Stealing Is Legal (Video)

Mark Fiore / Truthdig Nov 9, 2017 If you liked the Panama Papers, you’ll love the Paradise Papers! Dig deeper ( 1 Min. Read )

Stiffing Taxpayers, Fortune 500 Firms Hold $2.6 Trillion Offshore

Jake Johnson / Common Dreams Oct 18, 2017 A new report finds that multinationals are already evading hundreds of billions in U.S. taxes, even as Congress pushes massive corporate tax cuts. Dig deeper ( 2 Min. Read )

‘Foreclosure King’ Steven Mnuchin Is Put on Defensive at Senate Hearing

By Deirdre Fulton / Common Dreams Jan 20, 2017 "Mnuchin didn't mention the name of a single victim in his remarks," journalist David Dayen reports. "He gave dubious statistics that fall apart upon scrutiny." Dig deeper ( 3 Min. Read )

Gimme Shelter (From the Tax Man): Disappearing Money and Opportunistic Candidates

By Nomi Prins with Craig Wilson / TomDispatch May 9, 2016 While the two leading candidates for the presidency, Donald Trump and Hillary Clinton, have indeed suggested cosmetic fixes for a situation that only grows more extreme with the passage of time, they have themselves taken advantage of numerous tax “efficiency” strategies that make money evaporate. Dig deeper ( 14 Min. Read )

Panama Papers Leaker Criticizes Governments’ Inadequate Response to Revelations

Staff / Truthdig May 6, 2016 The still-unidentified whistleblower behind the release of 11.5 million documents detailing the practices of international tax evaders says the release triggered debate but not enough action. Dig deeper ( 2 Min. Read )

Hillary Clinton and Donald Trump Share a Delaware Tax ‘Loophole’ Address With 285,000 Companies

Staff / Truthdig Apr 25, 2016 Clinton, who promised to crack down on "outrageous tax havens and loopholes" if elected president, has business dealings registered at a building that has helped Wal-Mart, Apple, American Airlines and tens of thousands of other companies avoid hundreds of millions of dollars in taxes. Dig deeper ( 2 Min. Read )

The Panama Papers: Laundering Havens for War Budgets (Video)

Staff / Truthdig Apr 25, 2016 In mid-April, economist Michael Hudson told The Real News Network that global oil and mining industries and the U.S. State Department created Panama and Liberia for the express purpose of tax evasion. Dig deeper ( 10 Min. Read )

Oxfam Report Exposes How U.S. Companies Hide Profits and Avoid Taxes

Donald Kaufman / Truthdig Apr 15, 2016 Turns out U.S. corporations get workers’ hard-earned money in the form of tax breaks and then offload it in tax havens. Dig deeper ( 2 Min. Read )