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News Wire / economy

Trump Tax Loophole Aids Corporate Tax Evasion

Bluesky Social Washington 1h Impact 3
U.S. companies have skirted at least $40 billion in taxes since the beginning of 2025 through schemes in locations like Malta, Bermuda, and Cyprus. This is facilitated by a new tax loophole associated with Donald Trump.

Topics

tax evasion corporate tax Donald Trump

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Sources · 7 independent

Bluesky Social

“Trump's New Tax Loophole Clears Way for Corporate Tax Dodge. U.S. companies skirted at least $40 bil. Trump's New Tax Loophole Clears Way for Corporate Tax Dodge. U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus...”

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