Top 10 companies 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 U.S. 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
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