❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now

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

Molly Wood Feb 25, 2013
HTML EMBED:
COPY

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

Molly Wood Feb 25, 2013
HTML EMBED:
COPY

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.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.