Corporate tax avoidance
The top 10 corporate tax avoiders happen to be
tech companies:
11. Microsoft,
$76.4 billion
2.
2.
IBM, $44.4 billion
3.
3.
Cisco Systems, $41.3 billion
4.
4.
Apple, $40.4 billion
5.
5. Hewlett-Packard, $33.4 billion
6.
6.
Google, $33.3 billion
7.
7.
Oracle, $26.2 billion
8.
8. Dell, $19.0 billion
9.
9. Intel, $17.5 billion
1. 10.
Qualcomm, $16.4 billion
Source: Bloomberg, August 2013
Note: when they don't pay their taxes, you and I have to pay more.
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