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9. Just kept in a large pile like Apple does.
by swiley 5y ago
9. Just kept in a large pile like Apple does.
- op03 5y agoMore like a large mountain range.
- nickpp 5y agoApple's cash reserve hasn't grown in a while since they are spending it on stock buybacks and dividends. But the very reason they didn't repatriate it and spend it in the US is the corporate tax the GP is arguing against.
- rjknight 5y agoThis is really a case of 8. I doubt that Apple has an account full of US dollars, and I mentioned that low yields on safe investments is already a way of “taxing” this money in order to encourage spending or riskier investment.
- simondotau 5y agoI don’t see how that’s a problem. It’s just delaying the inevitable taxation of that cash. It’s not avoiding it.