3 ms·
> Until the tax situation changes Do you mean in the country the cash is sitting in? Because in the article it says: > With over 90 percent of its cash sitti
by jozzz 9y ago
> Until the tax situation changes
Do you mean in the country the cash is sitting in?
Because in the article it says:
> With over 90 percent of its cash sitting overseas, a one-time 10 percent repatriation tax would give Apple $220 billion for acquisitions or buybacks, Citigroup analyst Jim Suva said in a note to clients.
> U.S. President Donald Trump's tax blueprint, which was unveiled last month, proposes allowing multinationals to bring in overseas profits at a tax rate of 10 percent versus 35 percent now.
- Moto7451 9y agoThe US. Until the tax holiday is law it's a "what if."