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AnonTechie [soylentnews.org] writes:

Tech firms would pay $ 89 B in taxes if offshore gov't debt came home ...

According to a new report, four major American tech firms hold $ 163 Billion in United States government debt overseas for tax reasons. That means that American taxpayers are effectively paying interest toward a corporate cash stash held abroad that likely will not return to the US anytime soon.

http://arstechnica.com/business/2014/03/tech-firms -would-pay-89b-in-taxes-if-offshore-govt-debt-came -home/ [arstechnica.com]

http://www.thebureauinvestigates.com/2014/03/12/ap ple-and-microsoft-among-us-tech-giants-reaping-int erest-payments-on-offshore-cash/ [thebureauinvestigates.com]

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