U.S multinationals as Google, Apple, and others of sheltering a share of their profit in overseas tax havens such as Bermuda, the Cayman Islands, and the British Virgin Islands. Those companies and others have an estimated $1.9 trillion parked in foreign tax havens, Sanchirico says. Read more at philly/philly/business/20140307_Why_tax_cuts_for_multinational_firms_may_not_benefit_U_S__economy.html#K35H2Q8XmXdzJUbv.99
Posted on: Fri, 07 Mar 2014 18:53:43 +0000
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