A dozen of California's largest corporations are holding nearly $262 billion in foreign earnings in offshore subsidiaries to shield the money from American taxation, according to a new study by a consumer advocacy group.
California's Apple, was listed as having the most offshore holdings of any American corporation, $82.66 billion.
Read More http://blogs.sacbee.com/capitolalertlatest/2013/07/big-california-corporations-parking-262-billion-offshore.html
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