Bloomberg News

Big Number: $187B in Offshore Tax Free Accounts

March 02, 2012

U.S. companies led by General Electric Co. and Pfizer Inc. stockpiled an additional $187 billion in untaxed overseas profits over the past year, boosting their offshore holdings by 18.4 percent, according to data compiled by Bloomberg. Bloomberg's Betty Liu reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Running Time: 00:27


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