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Apple to Repatriate $200 Billion in Foreign Cash

Posted on 1/4/18 at 3:10 pm
Posted by Jjdoc
Cali
Member since Mar 2016
53464 posts
Posted on 1/4/18 at 3:10 pm
LINK


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 by member12
Bob's Country Bunker
Member since May 2008
32095 posts
Posted on 1/4/18 at 3:10 pm to
quote:

Apple to Repatriate $200 Billion in Foreign Cash



Thanks, Trump!
Posted by idlewatcher
County Jail
Member since Jan 2012
79069 posts
Posted on 1/4/18 at 3:13 pm to
Any idea what the taxes will be on it? That's a lot of cheese.
Posted by fillmoregandt
OTM
Member since Nov 2009
14368 posts
Posted on 1/4/18 at 3:14 pm to
Now that's a wad of cheese
Posted by OTIS2
NoLA
Member since Jul 2008
50110 posts
Posted on 1/4/18 at 3:15 pm to
Gonna be Armageddon, I tell ya!!!!
Posted by member12
Bob's Country Bunker
Member since May 2008
32095 posts
Posted on 1/4/18 at 3:15 pm to
quote:

Gonna be Armageddon, I tell ya!!!!



Is Apple aware of all the people that will be killed by all this cash?
Posted by roadGator
Member since Feb 2009
140369 posts
Posted on 1/4/18 at 3:16 pm to
More piles of dead bodies on the streets. Just effing great.
Posted by Aristo
Colorado
Member since Jan 2007
13292 posts
Posted on 1/4/18 at 3:17 pm to
Dems: but but but only the rich will see that money.
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
51565 posts
Posted on 1/4/18 at 3:18 pm to
Rumors are they might be looking to buy Netflix with all this cash.
Posted by LSUTigersVCURams
Member since Jul 2014
21940 posts
Posted on 1/4/18 at 3:18 pm to
T R U M P
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 1/4/18 at 3:19 pm to
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 by Aristo
Colorado
Member since Jan 2007
13292 posts
Posted on 1/4/18 at 3:20 pm to
Unfortunately you are 100% here.
Posted by Chad504boy
4 posts
Member since Feb 2005
166246 posts
Posted on 1/4/18 at 3:20 pm to
Can a brother get a 5% dividend?
Posted by member12
Bob's Country Bunker
Member since May 2008
32095 posts
Posted on 1/4/18 at 3:21 pm to
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 by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 1/4/18 at 3:25 pm to
I've seen bigger wire transfers in the quad.
Posted by Alt26
Member since Mar 2010
28337 posts
Posted on 1/4/18 at 3:35 pm to
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.
Posted by t00f
Not where you think I am
Member since Jul 2016
89804 posts
Posted on 1/4/18 at 3:41 pm to
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 by Wild Thang
YAW YAW Fooball Nation
Member since Jun 2009
44181 posts
Posted on 1/4/18 at 3:46 pm to
MAGA
Posted by SSpaniel
Germantown
Member since Feb 2013
29658 posts
Posted on 1/4/18 at 3:49 pm to
Will the NYT report it as a publicity stunt?
Posted by Helo
Orlando
Member since Nov 2004
4590 posts
Posted on 1/4/18 at 3:51 pm to
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
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