Comment on Big U.S. firms hold $2.1 trillion overseas to avoid taxes: study

Big U.S. firms hold $2.1 trillion overseas to avoid taxes: study

WASHINGTON (Reuters) - The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in U.S. taxes if they repatriated the funds, according to a study released on Tuesday.

 

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