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Malta draws U.S. companies seeking to reduce income taxes
The report says Malta has become a destination for U.S. firms to shield profits from income taxes.
The New York Times Business reports that Malta has grown into a tax haven for U.S. companies looking to reduce the income taxes they pay.
According to the outlet, the Mediterranean archipelago is attracting American businesses as a way to shield profits from income taxes, including for companies such as Crocs.
The piece frames Malta’s rise as part of a broader effort by U.S. firms to manage their tax exposure while operating internationally.