Trump Administration Allows Companies to Avoid Taxes in Havens

The Trump administration has cleared the way for U.S. companies to avoid at least $40 billion in taxes since early 2025 through schemes utilizing tax havens such as Malta, Bermuda, and Cyprus.

29 May, 14:12 — 29 May, 14:12

Post Share

Sources

Showing 1 of 1 sources

NYTMostly Factual97d ago

Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus

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.

By Jesse Drucker and Dylan Freedman

Read full article →

Trump Administration Allows Companies to Avoid Taxes in Havens

Sources

Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus

Related Stories

Billionaire Leon Black Sues Congressional Panel Over Epstein Subpoena

Spanish PM Faces Pressure Over Claims Regarding Ceuta Border Surge

Norway Implements Temporary Border Controls Ahead of Royal Funeral

Russian Strikes Hit Ukrainian Infrastructure, Pharmaceutical Warehouses