¶ … transnational corporations in the contemporary society attempt to evade taxes by having their finances in overseas banks. This means that they no longer have to pay much larger taxes in areas where most of their businesses are located. While there are a series of tax breaks available for companies that operate in the U.S., for example, the profits generated by holding funds in tax havens are greater and thus influence many corporations to direct their attention toward such actions.

Floyd Norris' article makes it possible for someone to understand how, in spite of the fact that they have most of their operations in one country, many corporations acknowledge the fact that they can evade paying taxes in these respective areas by claiming that a large part of their profits is earned in countries where taxes are either very low or inexistent. Transnational companies in the U.S. have practically become experts in avoiding having to pay taxes in the country.

Second article:

Summary:

Companies like Shell, Total, and Eni have played an active role in Nigeria's oil extraction business. However, these three companies have emphasized their interest in leaving the area and selling most of their shares in the Nigerian oil industry. Even with the fact that the location is promising when regarded from an investor's point-of-view, the frequent attacks taking place on pipelines make it especially problematic for a company to thrive as a result of its involvement in the area.

Analysis:

"Trading houses in race to buy oil majors' $3 bln Nigeria assets-sources" aims to demonstrate the degree to which profits can influence a company to invest in a high-risk location. Even though notable companies are leaving Nigeria on account of having their businesses experience frequent attacks, a series of other transnational corporations express interest in wanting their businesses to function there.

Works cited:

Norris, Floyd, "Made in the U.S.A., but Banked Overseas," Retrieved October 26, 2014, from http://www.nytimes.com/2014/09/26/business/made-in-the-usa-but-banked-overseas.html?_r=0

"Trading houses in race to buy oil majors' $3 bln Nigeria assets-sources," Retrieved October 26, 2014, from http://www.reuters.com/article/2014/02/12/shell-nigeria-idUSL5N0IQ2UD20140212