Re:Apple now holding more cash than USA
by apress on Monday August 01, 2011 @03:10AM
(#2831107)
Please go read the links. This is not about the sales happening in countries outside of the US. This is about the billions of dollars inprofits Apple, Microsoft, Google and others would otherwise be making on their US sales being shifted around to low-tax havens using clever internal licensing agreements. For example, see http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-sho...
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