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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Making The Switch
Sometime tomorrow, I’m pulling the switch and you’ll start to see my new and improved taxgirl site on Forbes. If you just can’t wait, you
Read MoreGAO Voices Concerns (Again) About Contracts, Grants Awarded to Delinquent Taxpayers
Earlier today, the Government Accountability Office (GAO) released its prepared written testimony before the Permanent Subcommittee on Investigations, Committee on Homeland Security and Governmental Affairs,
Read MoreSurprise! Your Tax Dollars Are Being Wasted!
A report by the Government Accountability Office (GAO) has found that there is (gasp) waste in government spending. Over a fifteen month period from 2005
Read MoreIt’s Only Money, Right?
The Government Accountability Office (GAO) has released a study concluding that many companies that contract with the federal government have been avoiding paying taxes. The
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