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Microsoft’s stash of cash

Microsoft’s stash of cash stored overseas, not subject to U.S. taxes, is growing. In its latest regulatory filing, the software giant said it has now stockpiled $92.9 billion offshore and that this money could have cost the company $29.6 billion in taxes, but didn’t. http://venturebeat.com/2014/08/23/microsoft-has-nearly-93-billion-in-overseas-cash-and-its-reduced-its-tax-bill-by-almost-30-billion/ #tech

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