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> Oh, and by the way, those Apple profits? None of them actually go back to the U.S., they sit in foreign, tax exempt, bank accounts. Those profits will come b
by pg314 10y ago
> Oh, and by the way, those Apple profits? None of them actually go back to the U.S., they sit in foreign, tax exempt, bank accounts.
Those profits will come back during the next tax holiday.
In the mean time Apple is borrowing and distributing to shareholders an amount that partly offsets those profits.