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Showing posts with label US tax rates. Show all posts
Showing posts with label US tax rates. Show all posts

March 18, 2013

US companies stash more cash abroad, tax likely factor: report

WASHINGTON: Apple Inc, Microsoft Corp, PfizerBSE -0.04 % Inc and other big US multinational corporations boosted cash held offshore in 2012, likely in an effort to flee US taxes, said a report released on Tuesday.