You can trust wily american companies to figure out a way to keep as much of their profits as possible away from uncle sams reach the new tax law was primarily designed to use a carrot and stick approach to nudge companies to bring back their offshore profits to the country. Donald trump wants american companies to bring trillions of dollars in offshore cash back home arguing that the money could be used to fund a manufacturing renaissance the president elect has . The american consortium tried to set itself apart proposing that ugandas state oil company and other east african nations own up to 40 percent of a new private company that would build and run . Now companies have accumulated approximately 28 trillion in profits offshore beyond the reach of american tax authorities and barely touched by other countries according to the zion research . 5 biggest us companies that offshore to india 31west ford motor company is a renowned american automobile giant fmc outsources software development it customer support to india initially the company only shipped its back office work such as accounting to india as ford motor company was pleased with the high level of quality and
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