4 ms·
If Apple's cash is repatriated to the US it is subject to tax. Everyone agrees on that. However Apple has found a way to repatriate the money without paying t
by notsony 11y ago
If Apple's cash is repatriated to the US it is subject to tax. Everyone agrees on that.
However Apple has found a way to repatriate the money without paying tax whilst still claiming its money is offshore.
Look up 'Braeburn Hedge Fund' based in Nevada. They manage Apple's money by way of shell corporations and invest the cash in US stocks, bonds and other financial instruments.
The law should be tightened so that this kind of scenario is not allowed. Tricky to do but surely some clever lawyer can figure it out.