Cash Hoard Grows by $206 Billion as Apple (AAPL) to IBM Avoid Tax

Credits: Jon Bragg / Flickr Three leading US-base technology companies, Microsoft Corp. (MSFT), Apple Inc. (AAPL) and International Business Machines Corp. (IBM) added an additional $206 billion in untaxed overseas profits over the past year, according to a Bloomberg News analysis. In total, the multinational companies have parked nearly $2 trillion outside the U.S., increasing their […] View the full post at: Cash Hoard Grows by $206 Billion as Apple (AAPL) to IBM Avoid Tax Related posts: Icahn Offers to Underwrite $6 Billion Loan To Cash-Strapped CIT Group Lehman Had $39 Billion in Encumbered Cash Before Bankruptcy Why Are Companies Hoarding Cash?