Former Philadelphia Eagles wide receiver Freddie Mitchell has been sentenced to 37 months in prison for his role in a tax fraud scheme.
Read MoreDay: November 7, 2013
GAO Evaluates Tax Deferrals & Graduated Tax Rates, Concludes: It’s Complicated
How did Twitter prepare for its big IPO? By setting up shop in Ireland, of course. More and more companies are opting to put operations abroad in an effort to defer – and in some cases, avoid altogether – paying tax. Congress tasked the GAO with examining how much this deferral is actually costing taxpayers. The answer was delivered to Congress in a 55 page report.
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