Pfizer – one of the world’s wealthiest pharmaceutical companies – recently announced that it is moving its tax address offshore so it can claim foreign citizenship and dodge taxes here at home.
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Coalition of citizen action groups defeats Walgreen's attempt to dodge U.S taxes by becoming a Swiss company.
Carl Levin's subcommittee on investigations says the equipment-maker routed money through a Swiss subsidiary.
That $9.2 billion tax bill that Apple dodged in cooking up a scheme this week to finance a $55 billion stock buyback for its shareholders would have been enough to make unnecessary all of the major budget cuts in the sequester. That's not counting the tax dodges of Bank of America, Citigroup, ExxonMobil, FedEx, General Electric, Honeywell, Merck, Microsoft, Pfizer, and Verizon.
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