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Tag: Cat IRS
Construction Equipment
Cat slapped with $2.3B penalty by IRS for avoiding taxes
Caterpillar’s tax woes continue to compound with news today that federal tax penalties the heavy equipment manufacturer is facing have more than doubled. According to the company’s annual 10-K report filed Thursday with the U.S. Securities and Exchange Commission, Cat now faces $2.3 billion worth of back taxes and penalties as the result of Internal […]
February 15, 2018
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
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