Did ViacomCBS use a complex strategy to avoid taxes overseas

CNBC Television published this video item, entitled “Did ViacomCBS use a complex strategy to avoid taxes overseas” – below is their description.

The New York Times’ corporate media reporter Ed Lee reports on a new study that shows ‘SpongeBob’ and ‘Transformers’ cost taxpayers in the U.S. about $4 billion.

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About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

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In This Story: ViacomCBS

ViacomCBS Inc. (NASDAQ: VIAC) is an American diversified multinational mass media conglomerate and formed through the merger of CBS Corporation and the second incarnation of Viacom on December 4, 2019, which were split from the first incarnation of Viacom in 2006.

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