US Federal law enforcement officials raided three Caterpillar Illinois facilities on Thursday. According to a source, the raid was part of an investigation conducted by the IRS’s criminal investigation unit, the U.S. Department of Commerce Office of Export Enforcement and the Federal Deposit Insurance Corp.’s office of inspector general.
Spokesman of Caterpillar said the raid was related to business with its Swiss subsidiary CSARL.
PUBLICITÉ
The raid was the result of years of federal scrutiny over Caterpillar’s overseas business practices and tax strategies. A 2014 report by U.S. Senate Democratic staff said that Caterpillar had avoided paying $2.4 billion in U.S. taxes since 2000 by shifting profits to the affiliate in Switzerland.
CAT stock was off 5% amid reports that Federal officials had raided their three corporate locations in Illinois.
Credit Photo: NBC Chicago
PARTAGER :
Toute l'information de cette rubrique est dans : BTP Magazine
Le magazine de toute l'actualité des constructeurs, distributeurs et loueurs de matériels.