Marketplace®

Daily business news and economic stories

Apple’s not the only tech giant dodging U.S. taxes: Report

An investigative reporter in Northern California has calculated just how much some big technology companies have saved in U.S. taxes by stashing a chunk of their profits overseas.

Silicon Valley companies sure know how to use silicon for profit. They are also very accomplished at reducing their tax bills. An investigative reporter in Northern California did some digging and calculated how much some big technology companies have saved in U.S. taxes by stashing a chunk of their profits overseas.

Matt Drange with the Center for Investigative Reporting joined Marketplace Tech host David Brancaccio to discuss which companies — Apple, Google, and Cisco to name a few — may be taking advantage of these tax structures.

Related Topics