Intel accused of massive tax evasion
Danish news site Politiken says Chipzilla is accused of massive tax evasion to the tune of DKK 2.5 billion for transfer pricing - the under-evaluation of exports between affiliated firms to siphon profits out of a territory and nefariously avoid taxes.
A former Intel engineer has been charged with stealing trade secrets worth $1bn from the chip maker while he worked for its main rival, Advanced Micro Devices.