Swiss move helped the company avoid paying $2.4 billion in U.S. taxes, according to report.
By Richard Rubin, Bloomberg|March 31, 2014 at 02:39 PM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
Caterpillar Inc. avoided paying $2.4 billion in U.S. taxes by shifting profits from a parts business to a subsidiary in Switzerland, according to a report released today by a Senate investigative committee.
Bill Voge's life story seemed like the quintessential American dream, as he followed a trajectory from Iowa farm boy to the top of Latham & Watkins before he abruptly resigned amid misconduct allegations.