Top US Firms Hiding Trillions of Dollars in Offshore Funds

Leading poverty charity Oxfam revealed on Thursday that the top 50 biggest companies in the United States have hidden trillions of dollars in offshore funds amounting to more than the GDP of Spain, Mexico and Australia.

In a report, titled “Broken at the Top,” Oxfam found that the companies profited by almost $4 trillion globally between 2008 and 2014 and received a “staggering” $11 trillion in US government support over the same period.

Sorgente: Top US Firms Hiding Trillions of Dollars in Offshore Funds

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