Wednesday, July 31, 2013

Here is a list of the Top 15 companies that shelter profits offshore to avoid US taxes. I bet you love many of them. I hate when that happens...

Here is a list of the Top 15 US companies with corporate profits "sheltered" in offshore subsidiaries ostensibly to avoid US taxes. There is an estimated $1.7 Trillion dollars in profits held offshore by the Top 100 US multi-nationals.

These 15 companies account for 66% of those profits ($776B/$1.2T).  This is according to a Left leaning organization called US PRIG.

Source: US PRIG

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