Puerto Rico hopes to hold on to medical manufacturers

Dec 29, 2017
The new U.S. tax law will put an end to Puerto Rico’s longtime status as a tax shelter for U.S. multinational companies. Companies will now have to pay 12.5 percent on what they make on the island. One-third of Puerto Rico’s tax base now comes from medical manufacturers. If they flee, it would mean more […]

Where do you find financial shelter?

We're looking at the places where we seek shelter in our cities, lives and in our wallets.

At G8 summit, tax avoidance takes center stage

Jun 17, 2013
Leaders of the world's richest countries meet in Northern Ireland today for their annual G8 summit. They will talk about the conflict in Syria, but also about international tax avoidance.

Welcome to the tax shelter island known as ... Manhattan

May 22, 2013
Not all of Apple's untaxable billions are overseas. Some are held right here in the U.S., protected because the accounts are foreign owned. Welcome to the tax-shelter island otherwise known as Manhattan.
The skyline rises over Lower Manhattan September 11, 2012 in New York City.
Spencer Platt/Getty Images

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