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Photo Gallery: Masters at Tax Avoidance
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Photo Gallery: Masters at Tax Avoidance

Tango with the Tax Man Multinationals Find Loopholes Galore in Europe

Large multinationals, many of them based in the United States, are masters at avoiding taxes on profits made abroad. Apple, for example, paid just $100 million in taxes in 2010 on overseas profits of $13 billion. But Germany would like to put a stop to the practice, and is finding some influential support. By SPIEGEL Staff
Translated from the German by Christopher Sultan