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These 2 N.J. companies hold $50B in offshore tax havens, study claims

2016-04-16 01:38:54| Telecom - Topix.net

Two New Jersey-based companies and one with a large footprint in the state have a total of $57 billion in tax havens, which helped saved the companies billions in income taxes over six years, according to a recent report. The report by the anti-poverty charity Oxfam claims that 50 of the top U.S. corporations, companies that receive trillions in taxpayer funds, stashed more than $1.4 trillion in off-shore accounts, contributing to creating a lower corporate tax rate, according to income tax records gathered by the group .

Tags: study companies hold tax

 

First Coal, Now Offshore Drilling?

2016-04-16 00:07:10| Chemicals - Topix.net

This has happened before - with coal. Strict regulations led to the closing of coal-fired plants and put immense pressure on the industry.

Tags: coal offshore drilling

 
 

Rig-A-Lite-LED Lighting Systems for the Offshore Industry

2016-04-15 11:02:00| Offshore Technology

AZZ Lighting Systems is a leading provider of long-lasting, high-performance products to a vast array of demanding industries, such as offshore and onshore facilities, while supplying the drilling ma...

Tags: systems industry lighting offshore

 

US Department of Interior issues final well control regulations for offshore development

2016-04-15 01:00:00| Offshore Technology

The US Department of the Interior's Bureau of Safety and Environmental Enforcement has released the final well control regulations to minimise the risk of an offshore oil or gas blowout that could result in the loss of life, serious injuries or exten

Tags: control development final issues

 

Saipem wins offshore construction contract from TAP

2016-04-15 01:00:00| Offshore Technology

Italy-based pipe-laying company Saipem has secured an offshore construction contract from Trans Adriatic Pipeline (TAP).

Tags: construction contract wins tap

 

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