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The cash (or other short-term investments) could even be held in US bank accounts owned by non-US subsidiaries of Apple.
by nwellnhof 6y ago
The cash (or other short-term investments) could even be held in US bank accounts owned by non-US subsidiaries of Apple.
- vishnugupta 6y agoFor sure! With this offshore thingy one could create a mind bending structure to trap tax authorities in an infinite loop trying to trace the origin. I was completely ignorant about this menace until I started reading couple of books to educate myself —- Treasure Islands and Moneyland...recommend them both. Since then I just use the term offshore to encompass any of those hundreds or so possible structures.