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.
As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters.
Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss.
Tailored just for you. In your inbox. Every day.