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As millions of Americans get ready to file with the IRS, some big companies will pay little or no taxes this year - thanks to loopholes in U.S. tax laws. Firms can legally avoid paying taxes on money made in America by shifting profits offshore to countries with minimal or no taxes - places like Bermuda and the Cayman Islands. According to a new report from U.S. Public Intere
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stanley mug dvantage of these so called tax havens, costing the country billions in lost revenue. Tax dodging is not a victimless offense, says U.S. PIRG analyst Dan Smith. When companies use accounting gimmicks to move their profits to tax haven shell companies, the rest of us have to pick up the tab. The consumer group s report, entitled Picking up the Tab 2013, estimates tax haven abuse costs the United States approximately $150 billion in tax revenues every year. That amounts to an average of $1,026 per taxpayer and $3,067 for small businesses, which typically cannot afford to use accounting tricks and may face a competitive disadvantage as a result. The U.S. PIRG report also notes that Ugland House, a five-story office building in the Cayman Islands, is the registered address for more than 18,000 companies -- yet about
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Every year, hundreds of polar bears gather near a remote town in northern Canada, waiting for sea ice to freeze. It the largest gathering of bears you can get close to and the best opportunity you have to bring home a trophy 鈥?a photograph like this one.
https://ustream.tv/embed/recorded/12434837 v=3wmode=direct Live polar bear cam courtesy of explore.org, Polar Bears International, Frontiers North Adventures. Explore.org produces and streams all video content as part of the charity aim to inspire viewers to take action. Churchill, Manitoba is a town with more bears than people. Here, on the doorstep of the Arctic, the bears gather for the freezing of the winter sea ice, eager to return to hunting seals on Hudson Bay and pack on the calories they ;ve lost during their seasonal fast. But, these thousand-pounders aren ;t the only ones making the pilgrimage. Every year for one week in November, Ch
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stanley cup idents share their home with a flood of scientists, researchers and tourists who flock to see the massive creatures waiting for their water to become ice. Hunting Alaska Most Elusive Big Game Here on the southernmost edge of the Arctic, it taking longer and longer to freeze, a visible sign of climate change. Which makes being in the presence of these creatures all the more special. Nanuk, wapusk, the
stanley thermos mug white ursus go by many names, and all revere this spirit of the north. Locking eyes with a wild polar bear is like