offshore profits | Company Express Company formation Mon, 31 Aug 2015 08:35:08 +0000 en-GB hourly 1 https://wordpress.org/?v=6.3.5 Microsoft’s offshore profit pile increases past $100 billion https://company-express.com/news/microsofts-offshore-profit-pile-increases-past-100-billion/?utm_source=rss&utm_medium=rss&utm_campaign=microsofts-offshore-profit-pile-increases-past-100-billion https://company-express.com/news/microsofts-offshore-profit-pile-increases-past-100-billion/#respond Mon, 31 Aug 2015 08:35:08 +0000 https://company-express.com/?p=3190 According to the securities filing last month Microsoft crossed the $100 billion mark, making it the second U.S. corporation — after General Electric Co. — to do so. According to the U.S. tax code, the company would be required to pay the difference between its foreign taxes and the 35 percent U.S. corporate tax rate if it decided to bring ...

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