Add again: Accenture

If this isn’t chutzpah:

Among other projects, Accenture runs the Internal Revenue Service website, a paradox cited repeatedly by critics of the Bermuda moves.

Why is this odd? Incorporating in Bermuda allows Accenture some tax benefits not enjoyed by other American citizens:

Accenture’s reports to shareholders show it paid just 7 per cent of its profits in taxes worldwide over the four years from 1997 to 2000.

I don’t know what they pay now, but I can understand why Democrats are asking Tom Ridge to reconsider the new $10 billion deal.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


UA-2941127-3