Apple Is Hiding Billions Of Dollars From The IRS.

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January 27, 2013 - 10:17am

By BusinessInsiderTechnology giant Apple shuttled $11bn (£7bn) into offshore tax havens in the fourth quarter of 2012, an analysis of its corporate filings has revealed.The iPad maker has slashed its tax bill by paying less than 2pc on its overseas profits, as it moves money through offshoots in low-tax countries such as the British Virgin Islands.Apple's compl


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