New Hampshire operates a unique business tax structure where business activity generates an estimated 39% of state revenue in 2025—the highest proportion of any U.S. state—yet 81% of registered businesses pay no Business Enterprise Tax (BET) or Business Profits Tax (BPT). This dramatic asymmetry …
New Hampshire Department of Revenue AdministrationNew Hampshire LegislatureLimited Liability Companiescorporate-taxationtax-avoidancellc-loopholesbusiness-profits-taxbusiness-enterprise-tax+2 more
The International Consortium of Investigative Journalists releases its Cyprus Confidential investigation exposing Wyoming as America’s premier secrecy jurisdiction, having overtaken Delaware for the most corporate registrations per capita. Analysis by corporate data firm OpenCorporates shows …
International Consortium of Investigative Journalists (ICIJ)ConnectedSkyWyoming LegislatureOpenCorporatesTransparency Internationalwyomingtax-havenmoney-launderingllcshell-companies+5 more
Conservative political commentator Lauren Chen (known online as “Roaming Millennial”) and her husband Liam Donovan officially incorporated Tenet Media as a Tennessee corporation on January 19, 2022. The company would later become the vehicle for a Russian influence operation funneling …
The International Consortium of Investigative Journalists (ICIJ) released the Pandora Papers, the largest offshore data leak in history, containing 11.9 million files from 14 financial services companies across multiple jurisdictions. The investigation exposed the secret offshore affairs of 35 …
International Consortium of Investigative Journalists (ICIJ)King Abdullah II of JordanAndrej BabišSebastián PiñeraVolodymyr Zelensky+3 morecorruptionoffshore-financetax-avoidancepandora-paperskleptocracy+2 more
Dutch regulatory filings revealed that in 2017, Google transferred $23 billion (€19.9 billion) through its Netherlands shell company to its Bermuda-based entity—one of the largest single-year tax avoidance maneuvers in corporate history, allowing Google to avoid approximately $4 billion in taxes on …
GoogleAlphabetSundar PichaiDutch authorities (disclosure)Bermuda shell companygoogletax-avoidancebermudaoffshoreshell-companies+2 more
Reuters investigation revealed at least 63 Russian nationals invested $98.4 million in
Trump-branded properties in South Florida, primarily in Sunny Isles Beach. The buyers
purchased units at Trump Grande, Trump Towers, and Trump Hollywood, with about one-third
of all units owned through LLCs that …
Donald TrumpTrump OrganizationRussian buyersReutersrussian-moneyreal-estatemoney-launderingsunny-isles-beachshell-companies
By 2014, anonymous Limited Liability Companies (LLCs) and shell companies had become the primary infrastructure enabling Russian oligarchs and other kleptocrats to launder an estimated $300 billion or more annually into US real estate. Unlike most developed nations, the United States imposed no …
U.S. TreasuryFinCENRussian OligarchsUS real estate industrymoney-launderingrussian-oligarchsreal-estateshell-companiesfincen+3 more