The new tax havens

Tax havens: Do companies pay their fair share?

CBS “60 Minutes” correspondent Lesley Stahl talks tax havens and the new ways American companies are stashing their profits abroad. Astaunding report about how US corporations are choosing new tax havens for establishing their corporate headquarters, which often are not much more than a maildrop…Companies searching out tax havens is nothing new: in the 80s and 90s there was an exodus to Bermuda and the Cayman Islands, where there are no taxes at all. Nowadays, places such as Switzerland and Ireland with low corporate taxes are the way to go…

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