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US Business · nytimes.com · Friday, 29 May 2026

Trump Policies Enable US Firms to Dodge $40B in Taxes via Offshore Havens

A new investigation reveals that U.S. companies have avoided at least $40 billion in taxes since early 2025 by exploiting loopholes in offshore jurisdictions such as Malta, Bermuda, and Cyprus, enabled by Trump-era tax rules. The findings highlight how subtle policy changes can fuel large-scale corporate tax avoidance.

Read the source: nytimes.com ↗In the 29 May issue →