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......United States businesses recognize and take advantage of tax haven financial incentives. In 1999, approximately 59 percent of U.S. multinational companies had affiliates in one of more tax havens (Desai, Foley and Hines, 2006b). A tally of the overall property, plant and equipment held abroad by American firms in 1999 reveals that 8.4 percent was located in tax havens, which is a lot considering that such small companies would have far less global investment

In addition, foreign tax havens had unusually high concentrations of foreign employment. About 6.1 percent of total foreign employee compensation, and 5.7 percent of total foreign employment, were located in tax haven affiliates. U.S. companies placed 15.7 percent of their gross foreign assets in the major
tax havens in 1999; the major foreign tax havens accounted for 13.4 percent of their total foreign sales, and 30 percent of total foreign income in 1999. A great deal of this tax haven income included money from foreign affiliates owned by parent companies indirectly through their tax haven affiliates......

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