Cash Abroad Rises $206B as Apple to IBM Avoid Taxes

Cash Abroad Rises $206B as Apple to IBM Avoid Taxes Play

March 12 (Bloomberg) -- The largest U.S.-based companies added $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries until Congress gives them a reason not to. Peter Cook reports on Bloomberg Television's “In The Loop.” (Source: Bloomberg)

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