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tax loopholes News

Three Canadian tax loopholes that mean billions in lost revenue

Ottawa - New data released by Finance Canada shows that the amount of revenue the government lost through tax loopholes mostly benefiting the very rich has risen sharply since last year.

Leaked documents shows how Apple shopped for a new tax haven

-Leaked documents have revealed how Apple went shopping around for a tax haven in 2014. -It looked for a country with low taxes, discretion, and a stable political environment.

GOP Senator targets generous tax loopholes exploited by the rich

Washington, D. C. - A Republican senator strikes a populist chord with the release of a new report detailing a litany of tax breaks directed primarily to large companies and professional athletes.

CEOs demand tax breaks, call for cuts to Social Security

Numerous CEOs are working with a campaign whose aim is to protect current tax breaks for large corporations, while publicly saying "entitlement" programs such as Social Security and Medicare should be cut to reduce the federal deficit.

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