ExxonMobil

SHOWING:

1 to 7 of 7 results
  

Sort By:

Search

Filter By:

Topics

Jurisdictions

show more show less

Allegations

FS Algarrobo Ltd. et al v. Columbia Shipmanagement Ltd.: Complaint

Complaint in FS Algarrobo Limited, FS Andes Limited, FS Andino Limited, FS Africa Limited, and FS Austral Limited, all of Liberia v. Columbia Shipmanagement Ltd., of Cyprus, as Defendant, and Bacardi Corporation, E D and F Man Liquid Products LLC, ExxonMobil Oil Corporation, Freepoint Commodities LLC, Inchcape Shipping Services, Inc., Linblad Expeditions, LLC, Marathon Petroleum Supply LLC, Navig8 Product Tankers LLC, Novum Energy Trading Inc., NYK Line (North America) Inc., Shell Trading Services Company, Wilhelmsen Ship Management (USA) Inc., Wilhelmsen Ships Service, Inc., Trafigura Trading LLC, UPT United Product Tankers (Americas) LLC, and Valero Marketing and Supply Company, as Garnishees, at the U. S. District Court for the District of Delaware.

Tax avoidance is rampant, claim US Senators

Nearly two thirds of the top 100 contractors doing business with the U. S. federal government have subsidiaries in tax haven countries which could be used to avoid paying income taxes, it has been claimed. "While the offshore subsidiaries may be technically legal under current law, numerous studies have found that many are little more than a post office box set up to allow corporations to move profits to the low-tax or no-tax havens, rather than reporting that income in the United States," stated U. S. Senators Byron Dorgan (Democrat, North Dakota) and Carl Levin (Democrat, Michigan).