U.S. Senate Committee: Microsoft and Hewlitt-Packard Shield Income to Avoid Paying Taxes!
Dear Commons Community, Technology giants Microsoft Corp and Hewlett-Packard Co used offshore units to shield billions of dollars from U.S. taxes by taking advantage of loopholes and stretching the limits of the tax code, a U.S. Senate panel led by Senator Carl Levin said on Thursday. Describing tax avoidance as rampant in the technology sector, [...]
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