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Microsoft's offshore profit stockpile crosses US$100b mark

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Published Tue, Aug 4, 2015 · 09:50 PM

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Washington

MICROSOFT Corp's stockpile of offshore profits rose to US$108 billion, with a 17 per cent increase over the past year as the company continues reaping profits in low-tax foreign jurisdictions.

The company crossed the US$100 billion mark, making it just the second US corporation - after General Electric - to do so, according to a securities filing on July 31.

Microsoft

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