| Amount of money held offshore (in USD) | |
|---|---|
| Apple | 181100000000 |
| Microsoft | 108300000000 |
| IBM | 61400000000 |
| Cisco | 52700000000 |
| Alphabet | 47400000000 |
| HP | 42900000000 |
| Oracle | 38000000000 |
| Qualcomm | 25700000000 |
$
Sources:
businessinsider.com.au
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The American tax codes can be a pain in the neck. To avoid the hassle, some companies decide to store their wealth offshore rather than face steeper tax rates in the US. Apple leads the charge as the tech company with the largest offshore bank account. According to Oxfam America, Apple keeps a whopping 181 billion dollars offshore.