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Title: News: Report: Apple holding $181.1 billion in offshore tax havens Post by: HCK on October 07, 2015, 03:00:25 am News: Report: Apple holding $181.1 billion in offshore tax havens
Apple is holding $181.1 billion in offshore tax havens, more than any other U.S. company, Reuters reports. A study by The Center for Tax Justice and the U.S. Public Interest Research Group Education Fund examined the Security and Exchange Commission filings of the 500 largest American companies, concluding nearly three-quarters of them are collectively holding more than $2.1 trillion in accumulated profits offshore to avoid an estimated $620 billion… Source: News: Report: Apple holding $181.1 billion in offshore tax havens (http://www.ilounge.com/index.php/news/comments/report-apple-holding-181.1-billion-in-offshore-tax-havens) |