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Comment by jozzz

> Until the tax situation changes

Do you mean in the country the cash is sitting in?

Because in the article it says:

> With over 90 percent of its cash sitting overseas, a one-time 10 percent repatriation tax would give Apple $220 billion for acquisitions or buybacks, Citigroup analyst Jim Suva said in a note to clients.

> U.S. President Donald Trump's tax blueprint, which was unveiled last month, proposes allowing multinationals to bring in overseas profits at a tax rate of 10 percent versus 35 percent now.

parent jozzz 9 years ago

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