Publicly Held U.S. Corporations Identified as Expatriating to Offshore Tax Havens

(Partial list based on information available 12/31/12)

Company Name Ticker Symbol Exchange Domestic Headquarters Expatriation Date Offshore Haven
Accenture, plc. ACN NYSE Dallas, TX 2001 Ireland
Argo Group International Holdings, Ltd. AGII NASDAQ San Antonio, TX 1999 Bermuda
* Eaton Corporation plc ETN NYSE Cleveland, OH 2012 Ireland
Everest Reinsurance Group. Ltd. RE NYSE Liberty Corner, NJ 2000 Bermuda
Foster Wheeler AG. FWLT NASDAQ Clinton, NJ 2001 Switzerland
Helen of Troy, Ltd. HELE NASDAQ El Paso, TX 1994 Bermuda
Ingersoll-Rand plc IR NYSE Piscataway, NJ & Davidson, NC 2002 Ireland
McDermott International, Inc MDR NYSE Houston, TX 1983 Panama
Nabors Industries, Ltd. NBR NYSE Houston, TX 2002 Bermuda
Noble Corporation (Drilling) NE NYSE Sugar Land, TX 2002 Switzerland
Seagate Technology STX NASDAQ Scotts Valley, CA 2002 Ireland
Transocean, Ltd. RIG NYSE Houston, TX 1999 Switzerland
Weatherford International, Ltd. WFT NYSE Houston, TX 2002 Switzerland
White Mountains Insurance Group, Ltd. WTM NYSE Hanover, NH 1999 Bermuda

* Effective 12/3/12:

  • Cooper Industries (CBE) acquired by Eaton Corp plc (ETN)
  • CBE delisted from NYSE
  • ETN name changed from Eaton Corp to Eaton Corp plc
  • ETN changed incorporation from U.S. (Ohio) to Republic of Ireland

Sources: Bloomberg, Securities Exchange Commission (SEC) filings, Company websites.

Note: Chart reflects public companies identified as of 12/31/12, and is not reflective of the status of any company (public or private) after that date.