Cayman Islands Subsidiary Allows Pentagon Contractor Assisting War In Iraq To Avoid Millions In...

thinkprogress.org     May 8, 2008            

The Boston Globe has recently revealed that two Defense Department contractors operating in Iraq — KBR and MPRI — have avoided paying hundreds of millions of dollars in federal Social Security and Medicare taxes by hiring its employees through “shell companies” based in Bermuda and the Cayman... [read full story]                

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