4 ms·
I think it's a liability. The US government can at any time tax that cash, and if Apples execs refuse to pony up then they can have fun in jail. If the US gove
by sgt101 11y ago
I think it's a liability. The US government can at any time tax that cash, and if Apples execs refuse to pony up then they can have fun in jail.
If the US government decide to do that....
- jqm 11y agoThe government is slow and clumsy but Apple hires fast lawyers and lobbyists. So I wouldn't count on that.
- ojbyrne 11y agoTax changes that are retroactive are extremely rare, mostly because they are seen as unfair - changing the rules after the game. And if you tax the offshore cash generated starting now, then corps will change their behavior to minimize tax paid.
- rchaud 11y ago>If the US government decide to do that.... And therein lies the rub. Apple can mount a better defense than the US prosecution can, by dint of their bottomless legal fund. Apple can also put forward a united front, whereas you would need to summon an unprecedented level of political will and bridge-building to simply prevent Congress from derailing the DOJ prosecution through infighting.
- throwaway101321 11y agoHow many divisions does Apple have?