2 ms·
Interesting and seemingly overdue. What effect might this have on Apple (and others) repatriating overseas monies back to the US now. If it's going to be taxe
by mgkimsal 10y ago
Interesting and seemingly overdue.
What effect might this have on Apple (and others) repatriating overseas monies back to the US now. If it's going to be taxed overseas anyway, the argument for holding large amounts outside the US seems to be reduced.
Granted, there will still be other non-US tax havens, and I'm guessing the lower rates may still be a factor. But might this have any impact at all? Or will this just be seen as a small fine and companies will carry on as before?