Top 10 firms with the largest untaxed earnings held offshore

The European Commission push to force Apple to pay $14.5 billion in back taxes has put a spotlight on the fact that US companies hold some $2.43 trillion in untaxed earnings offshore, according to Audit Analytics. 

Here are the 10 companies with the largest offshore earnings hoards:

Microsoft          $108.3 billion

General Electric   $104.0 billion

Apple               $91.5 billion

Pfizer              $80.0 billion

IBM                 $68.1 billion

Merck & Co          $59.2 billion

Alphabet (Google)   $58.3 billion

Johnson & Johnson  $58.0 billion

Cisco Systems       $58.0 billion

Exxon Mobil         $51.0 billion 

(Source: Audit Analytics)

Topics: EU , Tax , Trade , Tech , Apple , US
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