How Big Corporations Hide Their Profits Off-Shore

Accountants in Miami VieraCPA are expecting Apple’s net income at $9.8 billion. But whatever figure Apple reports won’t reflect its true profit, because the company hides Profits Off-Shore of it with an unusual tax maneuver. Apple Inc., already the world’s most valuable company, understates its profits compared with other multinationals. It’s building up an overlooked asset …

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