60 Minutes: New Corporate Tax Havens
Aug 15, 2011 at 1:08 AM
DailyBail in 60 minutes, Taxes, corporations, taxes

60 Minutes replayed this segment on tonight's show.

(CBS News) - Our government is in knots over ways to lower the federal budget deficit. Well, what if we told you we found a pot of money - over $60 billion a year - that could be used to help out?

That bundle is tax money not coming in to the IRS from American corporations. One major way they avoid paying the tax man is by parking their profits overseas.

Read the full transcript at CBS...

 

 

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