Re:Apple now holding more cash than USA
by apress on Monday August 01, 2011 @02:52AM
(#2831067)
That is not correct. Did you actually read any of the links above? Apple, Google, Microsoft and others shift billions of dollars a year in profits ON SALES IN THE UNITED STATES out of the US and to low tax or no tax countries using clever internal sales agreements with their own subsidiaries over intellectual property licensing. http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-sho...
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