Sunday, May 4, 2014

US Companies Are Hoarding Cash Offshore

Which US companies are hoarding the most cash offshore?

The answer is shown on the chart below: this is the list of the top 15 US companies that have the bulk of accumulated offshore profits, amounting to roughly $1 trillion in cash, which is never subject to US taxation, and which financial engineers try to generate the highest shareholder returns on.


http://www.zerohedge.com/news/2014-05-03/these-are-15-us-companies-which-have-most-offshore-profits



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