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Offshore Profits Avoid IRS Reach

TedTed
in The OT Bullpen
FYI: Corporate profits earned outside the U.S. aren't subject to federal taxes until they are brought home by U.S.-based companies. General Electric leads all U.S. companies with $110 billion in accumulated profits held outside the country.
Regards,
Ted
http://www.bloomberg.com/infographics/2014-03-12/offshore-profits-avoid-irs-reach.html
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