GFM Network News


Caterpillar says compliant with tax laws after IRS claim

Reuters — Caterpillar Inc. said Friday it was compliant with tax laws, a week after federal law enforcement officials raided three of the company’s buildings in connection with a probe into the heavy machinery manufacturer’s offshore tax practices. The Internal Revenue Service (IRS) has challenged the company’s taxes for the years 2007-2012, the company said […] Read more

U.S. authorities raid Caterpillar’s Illinois facilities

Chicago | Reuters –– U.S. federal law enforcement officials searched three facilities of heavy machinery manufacturer Caterpillar on Thursday, prompting a sharp sell-off in the company’s stock. A spokeswoman for the U.S. Attorney Office for the Central District of Illinois, Sharon Paul, confirmed that federal law enforcement officials conducted searches at locations in Peoria, East […] Read more