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Apple Biggest Corporate Tax Avoider in U.S.

Apple has been named as the biggest corporate tax avoider in the United States after booking $218.55 billion of profit offshore last year. The tech giant was able to save $65.08 billion (£51.1 billion) that it should have paid in tax thanks to its convoluted arrangements. In second was pharmaceutical giant Pfizer with 181 offshore subsidiaries through which it funneled $192.
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