Jesse Drucker and Dylan FreedmanAug 9, 2026 – 7.43amTake the stairs to the second floor of an old brewery on the Mediterranean archipelago of Malta and buzz yourself in to a tiny office hidden behind a heavy metal door.The air smells of hops, but this place isn’t just brewing beer: It’s the headquarters for a convoluted strategy that the world’s biggest corporations use to dodge billions of dollars in US income taxes.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles