How Tech Companies Avoid Taxes Explained with Magic | Data Attack

Publicly traded U.S. tech companies have stashed as much as $530 billion in offshore tax havens. How’d they do it? Find out what magic tricks companies like Google, Apple, and Microsoft have up their sleeves.
SUBSCRIBE for more videos: http://wrd.cm/15fP7B7

Still haven’t subscribed to WIRED on YouTube? ►► http://wrd.cm/15fP7B7

CONNECT WITH WIRED
Web: http://wired.com
Twitter:   / wired  
Facebook:   / wired  
Pinterest:   / wired  
Google+: https://plus.google.com/+WIRED
Instagram:   / wired  
Tumblr:   / wired  

Want even more? Subscribe to The Scene: http://bit.ly/subthescene

How Tech Companies Avoid Taxes Explained with Magic | Data Attack

Produced by Kornhaber Brown
Magician: Jordi Magomero

Sources:
Tax Haven Subsidiaries; Tax Rates on Offshore Profit (http://uspirg.org/sites/pirg/files/re...)
Profit Offshore (http://www.bloomberg.com/news/article...)
Info on Dell (http://www.bloomberg.com/news/article...)
Microsoft Acquisitions (http://www.ibtimes.com/minecraft-noki...)
Apple’s Falling Tax Rate (http://www.cob.calpoly.edu/wp-content...)