Microsoft Used Offshore Subsidiaries To Avoid $6.5 Billion In American Taxes

Microsoft Used Offshore Subsidiaries To Avoid $6.5 Billion In American Taxes: Microsoft used subsidiaries in offshore tax havens to dodge billions of dollars in American taxes over the last three years, according to a memo from the Senate Permanent Committee on Investigations. The committee’s top members, Sens. Carl Levin (D-MI) and Tom Coburn (R-OK), released the memo ahead of an afternoon hearing today. The memo outlines [...]/p