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News Story
Updated: 12/20/2017 02:10:06PM

Apologize to corporations, I am told by readers

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Every week, I close this column with this phrase — share your thoughts. And you do.

Last week, I wrote about how large U.S. corporations are legally using tax havens to dramatically reduce corporate worldwide tax payments. Using a technique called a Dutch Sandwich, they transfer their brand names and technology from the U.S. to an offshore tax shell. Then they charge large royalty payments reducing worldwide taxes.

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