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Apple to Repatriate $200 Billion in Foreign Cash
Posted on 1/4/18 at 3:10 pm
Posted on 1/4/18 at 3:10 pm
LINK
Thank you Trump!
quote:
According to reports, Apple is set to repatriate approximately $200 billion in foreign cash as a result of the GOP tax reform bill.
A GBH research note signals that Apple is set to bring back approximately $200 billion of its $252 billion foreign cash portfolio as a result of tax breaks that the company will now receive.
Thank you Trump!
Posted on 1/4/18 at 3:10 pm to Jjdoc
quote:
Apple to Repatriate $200 Billion in Foreign Cash
Thanks, Trump!
Posted on 1/4/18 at 3:13 pm to Jjdoc
Any idea what the taxes will be on it? That's a lot of cheese.
Posted on 1/4/18 at 3:15 pm to Jjdoc
Gonna be Armageddon, I tell ya!!!!
Posted on 1/4/18 at 3:15 pm to OTIS2
quote:
Gonna be Armageddon, I tell ya!!!!
Is Apple aware of all the people that will be killed by all this cash?
Posted on 1/4/18 at 3:16 pm to member12
More piles of dead bodies on the streets. Just effing great.
Posted on 1/4/18 at 3:17 pm to Jjdoc
Dems: but but but only the rich will see that money.
Posted on 1/4/18 at 3:18 pm to Jjdoc
Rumors are they might be looking to buy Netflix with all this cash.
Posted on 1/4/18 at 3:19 pm to Aristo
quote:
Dems: but but but only the rich will see that money.
Dems: We could have had a 100% tax on that money....so, Trump GAVE AWAY 200 Billion in tax dollars to the wealthiest company in the country!
Posted on 1/4/18 at 3:20 pm to BlackHelicopterPilot
Unfortunately you are 100% here.
Posted on 1/4/18 at 3:20 pm to BlackHelicopterPilot
Can a brother get a 5% dividend?
Posted on 1/4/18 at 3:21 pm to BlackHelicopterPilot
quote:
Dems: We could have had a 100% tax on that money....so, Trump GAVE AWAY 200 Billion in tax dollars to the wealthiest company in the country!
Democrat logic.
They were unfortunately never getting that tax revenue anyway.
Posted on 1/4/18 at 3:25 pm to Jjdoc
I've seen bigger wire transfers in the quad.
Posted on 1/4/18 at 3:35 pm to Jjdoc
This is just another publicity stunt, right?
But just think about how much in taxes the FedGov could be collecting on that $200 billion if that meanie Trump wouldn't have lowered the corporate tax rate.
But just think about how much in taxes the FedGov could be collecting on that $200 billion if that meanie Trump wouldn't have lowered the corporate tax rate.
Posted on 1/4/18 at 3:41 pm to Jjdoc
quote:
According to reports, Apple is set to repatriate approximately $200 billion in foreign cash as a result of the GOP tax reform bill.
A GBH research note signals that Apple is set to bring back approximately $200 billion of its $252 billion foreign cash portfolio as a result of tax breaks that the company will now receive.
Thank you Trump!
Holy shite that's awesome.
Posted on 1/4/18 at 3:49 pm to Jjdoc
Will the NYT report it as a publicity stunt?
Posted on 1/4/18 at 3:51 pm to idlewatcher
REPATRIATION: Sets a one-time mandatory tax of 8 percent on illiquid assets and 15.5 percent on cash and cash equivalents
So on $200B cash that is $31B
So on $200B cash that is $31B
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