THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

Corporate income stows away abroad

Facing huge deficits, US steps up efforts to reduce the appeal of foreign tax havens

By Stephen J. Glain
Globe Staff / February 24, 2004

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

Your article has been sent.

  • E-mail|
  • Print|
  • Reprints|
  • |
Text size +

WASHINGTON -- Nearly half of the estimated $233 billion US corporations earned abroad in 2001 is held in foreign tax havens, up from 38 percent in 1999 and 23 percent in 1988, according to an analysis of recent Commerce Department data. (Full Article: 1236 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
  • $99.95 Unlimited