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March 15, 2014 12:02 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XJZkqfhrW8M/
Report: Changing Tax Rules For Tech Giants Would Mean $89 Billion For U.S. Gov
Tech giants, including Google to Apple, are notorious fans of offshore tax havens, which saves them billions of dollars. A new report from the Bureau of Investigative Journalism finds that "if this cash was brought onshore and taxed at the current US corporation tax rate of 35%, it would produce a $89bn windfall for the US Treasury equivalent to 17% of Americas projected $514bn budget… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/XJZkqfhrW8M/
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