The study reveals the 50 largest US firms own more than 1,600 subsidiaries in tax havens.
Oxfam found the companies profited by almost $4 trillion globally between 2008 and 2014 and got $11 trillion in US government support over the same period. The charity estimated the corporations received $27 in government support for every dollar they paid in federal taxes.
According to Oxfam, the world’s second biggest company Apple kept over $181 billion in three offshore subsidiaries .... https://www.rt.com
