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Not to mention most of that cash is overseas, and it would be extremely costly to pull in onshore. They actually took a loan to pay out the dividends as it woul
by robmcm 13y ago
Not to mention most of that cash is overseas, and it would be extremely costly to pull in onshore. They actually took a loan to pay out the dividends as it would be cheaper than paying the tax required to onshore their overseas monies.
I expect if all that money was in the US they would be spending it on something else. There are only so many fancy stores with expensive glass you can build overseas.