Bill would close offshore loophole
Defense firms use 'shell' ruse to dodge taxes
WASHINGTON - Expressing outrage at US companies that win lucrative defense contracts but avoid Social Security and Medicare taxes, top Democrats were expected to introduce legislation today to prohibit federal contractors from using offshore shell companies to dodge payroll taxes. (Full article: 888 words)
This article is available in our archives:
Globe Subscribers
FREE for subscribers
Subscribers to the Boston Globe get unlimited access to our archives.
Not a subscriber?
Non-Subscribers
Purchase an electronic copy of the full article. Learn More
- $4.95 1 article
- $9.95 4 articles
- $25.95 Monthly
Waiting on Twitter...