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Apple Is Named the Biggest U.S. Corporate Tax Avoider Booking $218 FRIGGIN BILLION Dollars of Profit in Offshore Accounts…

October 4, 2016 at 8:22 pm

Apple has been named as the biggest corporate tax avoider in the United States after booking $218.55 billion (£171.6 billion) of profit offshore last year. The tech giant was able to save $65.08 billion (£51.1 billion) that it should have paid in tax thanks to its convoluted arrangements…

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