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Tag: Caterpillar tax investigation
Construction Equipment
Cat tax whistleblower could get IRS reward of $600 million
A bombshell report from Bloomberg Businessweek on the inner workings of an alleged tax evasion scheme inside Caterpillar says the man who alerted authorities could walk away with the biggest paycheck of any U.S. whistleblower to date, and paints a not-so-pretty picture for Cat as a federal investigation into the company continues. According to the report, Daniel […]
June 5, 2017
Construction Equipment
Federal agents raid Caterpillar HQ as part of investigation; stock tumbles
UPDATE 4:10 p.m: Cat has issued a brief press release regarding Thursday’s raid of its facilities by federal agents. This story has been updated to reflect this new information.  Three of Caterpillar’s Illinois facilities received surprise visits from federal agencies Thursday morning as law enforcement officials seized documents and electronic records apparently pertaining to an […]
March 2, 2017
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