The research published today by IRIS says 59 Canadian companies — including 33 headquartered in Quebec — transferred some $119.8 billion in net profits to the European low-tax country over a period of about 10 years.
The study notes that tax avoidance strategies aren't illegal but violate the"spirit" of the law because they permit companies to pay ultra-low taxes in jurisdictions other than where the majority of their economic activities occur.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Tax avoidance: Canadian companies transferred $120B to Luxembourg, study saysMONTREAL — A Quebec research institute says some of Canada's biggest companies have transferred billions of dollars in profits to Luxembourg to avoid paying ...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »
Tax avoidance: Canadian companies transferred $120B to Luxembourg, study saysA Quebec research institute says some of Canada's biggest companies have transferred billions of dollars in profits to Luxembourg to avoid paying domestic taxes.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »
Tax avoidance: Canadian companies transferred $120B to Luxembourg, study saysMONTREAL — A Quebec research institute says some of Canada's biggest companies have transferred billions of dollars in profits to Luxembourg to avoid paying domestic taxes.
Fuente: sudburydotcom - 🏆 6. / 89 Leer más »
Tax avoidance: Canadian companies transferred $120B to Luxembourg, study saysMONTREAL — A Quebec research institute says some of Canada's biggest companies have transferred billions of dollars in profits to Luxembourg to avoid paying domestic taxes.
Fuente: PGCitizen - 🏆 65. / 51 Leer más »
Tax avoidance: Canadian companies transferred $120B to Luxembourg, study saysMONTREAL — A Quebec research institute says some of Canada's biggest companies have transferred billions of dollars in profits to Luxembourg to avoid paying domestic taxes.
Fuente: SooToday - 🏆 8. / 85 Leer más »
Study: Canadian companies transferred billions to Luxembourg to avoid paying taxesA Quebec research institute says some of Canada's biggest companies have transferred billions of dollars in profits to Luxembourg to avoid paying domestic taxes.
Fuente: CP24 - 🏆 30. / 67 Leer más »