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

Wed, Aug 05, 2015 - 5:50 AM

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...

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