How P&G Washes Taxes Down The Loophole

The tax-avoidance spotlight has been shining brightly, via the media, on companies like General Electric (GE), Exxon Mobil (XOM), Verizon (VZ), and big multinational banks. But some of the most clever and innovative tax avoiding is being done by a company not usually associated with financial wheeling and dealing: Procter & Gamble (PG).