October 4, 2022

Maine to join states out to recoup lost revenue from offshore tax havens

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By Elaine S. Povich, Stateline.org From Bangor Daily News Some states are going after multinational corporations that avoid state taxes by stashing some of their earnings in offshore tax havens, an effort aimed at recouping some of the more than $20 billion states lose to such gimmicks each year. Shifting income to subsidiaries in places […]