tax havens

Facebook co-founder Eduardo Saverin gave up his U.S. citizenship and emigrated to Singapore immediately before Facebook's IPO. For him, it's not a bad tax move. But could it be right for you?

Mitt Romney's Swiss bank account is back in the news, and Americans are wondering why he has money in the famous tax haven. But if "Swiss bank account" makes you think of criminals, secret agents and tax dodgers, your ideas are more fiction than fact.

German prosecutors raided all 13 Credit Suisse branches in the country on Wednesday as part of a probe into tax fraud. Earlier this year, German authorities acquired information on some 1,500 Credit Suisse customers who may have been using the Swiss accounts to avoid paying taxes.

The oil industry is subsidized beyond virtually any other business in America, enjoying tax breaks that average $4 billion a year. The massive tax breaks reaped in BP's disastrous Deepwater Horizon project, which caused the worst offshore oil spill in U.S. history, are typical.

Most investors know that government budgets are a function of revenue (mostly taxes) and outlays (spending). But those inside the beltway know that there is more to the U.S. federal budget. In addition to the Congressional Budget Office (CBO) and executive Branch Office of Management and Budget...

The Swiss don't like being told what to do, and even though some of their key products -- cheese, Cartier watches and chocolates -- could face trade sanctions, the Swiss may vote to block new tax treaties. A key case hanging in the balance is the U.S. tax evasion case involving the opening of...