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Congressional Investigation Scopes Apple's Web of Tax Havens

2013-05-21 18:27:33| TechNewsWorld

A series of subsidiaries spanning numerous countries have helped Apple avoid billions in United States taxes, congressional investigators reported Monday. Sen. Carl Levin, D-Mich., head of the Senate Permanent Subcommittee on Investigations, which is looking into Apple's suspected transgressions, said that Apple "sought the holy grail of tax avoidance."

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