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Saturday, March 7, 2015

U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes

U.S. Companies Are Stashing $2.1 Trillion Overseas to Avoid Taxes:
 Microsoft Corp., Apple Inc., Google Inc. and five other tech firms now account for more than a fifth of the $2.10 trillion in profits that U.S. companies are holding overseas, according to a Bloomberg News review of the securities filings of 304 corporations.

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