Billions In Tax Dollars Sitting In Banks Unused

Congressional report, "Money for Nothing," cites funds set aside but, often due to laws, going unspent when projects languish

Topics:  money for nothing,   
  • HSBC profits increase to £4.7bn - AOL UK
    Pre-tax profits rose to 7.06 billion US dollars (£4.7 ... billions in assets from tax ... of change that are sitting on your shelves at home? ...
    05/6/2015 - 3:37 pm | View Link
  • Change corporate tax law, CBA chief tells politicians - ABC Online
    ... bank directors all sitting on ... beset the big four banks and ... in shifting tens of billions of dollars of their Australian income to tax ...
    05/6/2015 - 4:02 am | View Link
  • Why Did The U.S. Pay This Ex-Swiss Banker $104 Million? -
    A $104M payday for a former Swiss banker - CNBC
    04/30/2015 - 12:28 pm | View Link
  • The Billionaire, the Dealer, and the $186 Million Rothko - Bloomberg
    ... tax-free before being sold again, tax-free. ... Today, Geneva Freeport holds tens of billions of ... “After the banks lost everything, ...
    04/28/2015 - 3:08 pm | View Link
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  • Commonwealth Bank financial scandals, corporate tax law on table as banking chiefs meet
    It is not often you get a heavyweight group of big bank directors all sitting on the one stage at a ... Apple and Microsoft in shifting tens of billions of dollars of their Australian income to tax havens. Ms Hemstritch, an accountant by profession ...
    05/5/2015 - 9:07 pm | View Link
  • Billions of dollars in lost and unclaimed super is waiting to be claimed back
    The Tax Office informed me there’s more than $15.9 billion in lost and unclaimed super lingering in more than six million ... people with idle accounts have hundreds of thousands of dollars sitting there which they haven’t bothered to claw it back.
    02/24/2015 - 11:22 am | View Link
  • US tax dollars must not finance $1bn Great Barrier Reef destruction!
    Many Queenslanders rejected the sitting government ... US taxpayer dollars should not be subsidising the destruction of the Great Barrier Reef." And it's an economic disaster too, conclude major banks And while Ex-Im is considering backing the project ...
    02/20/2015 - 7:49 am | View Link
  • ATO tax amnesty nets billions, but hunt for rich with secret Swiss accounts continues
    Thousands of rich Australians have come forward to declare billions of dollars in untaxed ... individuals dodging tax. On top of this, the OECD and G20 are working on a common reporting standard that will see information held by banks and other financial ...
    12/8/2014 - 4:11 pm | View Link
  • Letter: FairTax would tax consumption, fill U.S. Treasury
    Consider how quickly our economy would rebound if they were allowed to repatriate the billions of dollars sitting in foreign banks, expand their businesses ... the need of the IRS’ current format as a tax collector. We, the people, will choose how ...
    08/29/2014 - 3:05 am | View Link
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  • Follow the money: Bailout tracker
    Program Committed Invested Description; American International Group * See complete AIG bailout below; $70 billion: $69.8 billion: $40 billion in preferred shares ...
    05/5/2015 - 8:14 am | View Website
  • Feds sitting on billions of dollars of unused assets
    We would like to show you a description here but the site won’t allow us.
    05/5/2015 - 1:11 am | View Website
  • Tax haven
    A tax haven is a state, country or territory where, on a national level, certain taxes are levied at a low rate or not at all. It also refers to countries which have ...
    04/16/2015 - 8:11 pm | View Website
  • Citigroup
    Citigroup was formed on October 9, 1998, following the $140 billion merger of Citicorp and Travelers Group to create the world's largest financial services ...
    04/16/2015 - 1:20 am | View Website
  • Cash Abroad Rises $206 Billion as Apple to IBM Avoid Tax ...
    Even as governments around the world cut tax rates and try to keep corporations from shifting profits to tax havens, the U.S. Congress remains paralyzed in its efforts.
    03/12/2014 - 4:02 pm | View Website
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