Posted Aug. 19, 2013 at 7:40 a.m.

Premium Lock Microsoft, IBM - not Cisco or Apple - are top hoarders of profits outside US

Published: 2013-08-19 07:40:00
Updated: 2013-08-19 07:40:00

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When it comes ti keeping profits away from the U.S. Taxman, Cisco and Apple take most of the criticism. But a Bloomberg analysis finds that IBM, which recently laid off thousands of North American workers, and Microsoft are actually keeping the most profits offshore....

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