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How do U.S. firms avoid getting taxed on profits made overseas? Declare that the funds have been indefinitely invested overseas. Use the funds for mergers
How do U.S. firms avoid getting taxed on profits made overseas? Declare that the funds have been indefinitely invested overseas. Use the funds for mergers and acquisitions. Pay all the money earned overseas as dividends. U.S. firms must always pay taxes on profits earned overseas
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