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Isn't Apple's problem that a lot of this money is overseas, from overseas operations, and could not easily be bought back into the US?
by megablast 15y ago
Isn't Apple's problem that a lot of this money is overseas, from overseas operations, and could not easily be bought back into the US?
- eru 15y agoWhat would they do with the money in the US that they can't do elsewhere?
- Retric 15y agoDividends
- jacques_chester 15y agoMy understanding is that repatriating the money to the USA would cause it be taxed, even if it's already been taxed in the country of origin. I believe that the USA is one of the few countries that is prepared to tax extra-territorial earnings, but I am not a tax accountant.
- vessenes 15y agoIn short, this is generally true. In long form, this might or might not be true, depending on tax-treaties and jurisdictions. Back to short form, smarter people than you or me have worked out all the angles for Apple on this already.
- jacques_chester 15y ago> Back to short form, smarter people than you or me have worked out all the angles for Apple on this already. Exactly.