Cash Hoard Grows by $206 Billion as Apple (AAPL) to IBM Avoid Tax - InvestingChannel

Cash Hoard Grows by $206 Billion as Apple (AAPL) to IBM Avoid Tax

Credits: Jon Bragg / Flickr The largest U.S.-based companies, including technology giants, Microsoft Corp. (MSFT), Apple Inc. (AAPL) and International Business Machines Corp. (IBM) added an additional $206 billion in untaxed overseas profits over the past year, according to a Bloomberg News analysis. In total, the multinational companies have parked nearly $2 trillion outside the U.S., […]

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