We're Not Broke Video: How Do Billion-Dollar Corporations Cheat America Out of Tax Revenue?

April 9th, 2013

Every year, multinational corporations avoid billions of dollars in taxes globally by using abusive profit shifting to move revenue to tax havens and costs to jurisdictions where they actually do business. This is called transfer pricing, and is the biggest problem that the Task Force’s Country-by-Country Reporting recommendation is designed to fix, by forcing publish exposure of where firms are reporting their figures.

We’re Not Broke, the documentary released last year on corporate tax avoidance and the movement to change it, is now available┬áin segments on Youtube. And unlike our previous post on We’re Not Broke, the segments are viewable by readers outside the United States. Below is the one on abusive profit shifting:

Written by EJ Fagan

Follow @FinTrCo