Some call the practice of moving a company abroad to avoid taxes “corporate inversion,” while others deem these businesses “expatriate corporations.†Whichever term you prefer, the fact is that several successful American companies have moved their headquarters overseas in recent years to avoid hefty U.S. taxes.
- Halliburton
- Accenture
- Foster Wheeler Ltd
- Ingersoll-Rand Co. Ltd
- Tyco International Ltd
- Cooper Industries
- Noble Drilling Services Inc
- Global Crossing
- Segate Technology LLC
- Nabors Industries Ltd
Its inspiring that Halliburton makes so much money from government contracts and then moved off-shore so they don’t have to pay U.S. taxes
Too bad Haliburton didn’t take dick cheney with them.