Parasites, indeed...
Estimated value of assets the IRS believes to be held in offshore tax havens, countries with nominal taxes and minimal reporting requirements: $5 trillion
Number of countries that aggressively market themselves as tax havens: at least 40
Percent of the biggest U.S. corporations that utilize tax havens: 80
Number of U.S. companies that maintain post office boxes in one 5-story building in the Cayman Islands, a notorious tax haven: over 18,000
Number of tax havens used by Charlotte, N.C.-based Bank of America: 115
Number of Bank of America tax havens in the Cayman Islands: 59
Estimated annual cost of offshore tax havens to U.S. taxpayers: $100 billion
Number of people working in Iraq for Houston-based KBR who were listed as employees of two shell companies that exist only as computer files in a Cayman Islands office: 21,000
Under the arrangement, which KBR admits
it created to avoid payroll taxes, amount in unemployment assistance those employees are entitled to collect should they lose their jobs: $0
Proportion of U.S. corporations that paid no income taxes between 1998 and 2005, due largely to the use of offshore tax havens and other tax dodges: 2/3
Estimated amount of money that would be generated for the Treasury if the Stop Tax Haven Abuse Act were approved by Congress: $100 billion
http://www.uspirg.org/uploads/1J/pX/1JpX8jvsPAW7OKjq4p5diQ/USP-taxshellgamefinal-updateFall09.pdf
Top Iraq contractor skirts US taxes offshore - The Boston Globe
Institute for Policy Studies: Reports