“…Offshore tax dodging is a very serious and growing problem. It negatively effects each and every nation in the world.

However, American taxpayers lose more than any other country to tax dodging by multinational companies—up to $135 billion this year.

Today, the European Union (E.U.) signaled that it is engaged in a serious conversation and is willing to take steps to address aggressive tax avoidance and tax haven countries that facilitate the problem.

Unfortunately, the U.S. Administration and Congress have been less willing to do the same….”

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From “Apple Ruling Puts Emphasis on Need to End ‘Deferral’—the Biggest Tax Dodge,” By Clark Gascoigne, FACTCoalition