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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on November 04, 2017, 04:05:18 pm



Title: Republican tax proposal would see Apple pay 12% on current overseas cash, bring future profits back tax-free
Post by: HCK on November 04, 2017, 04:05:18 pm
Republican tax proposal would see Apple pay 12% on current overseas cash, bring future profits back tax-free

<div class="feat-image">(https://9to5mac.files.wordpress.com/2017/09/apple-iphone-x-2017-steve-jobs-theater_18.jpg?quality=82&strip=all&w=1600)</div><p>A new proposal from House Republicans would force companies like Apple to pay taxes on profits accumulated overseas, whether they choose to bring that money back to the United States or not. Apple is one of the largest companies holding cash and marketable securities overseas with some $262 billion stored…</p>
<p> <a href="https://9to5mac.com/2017/11/02/tax-proposal-apple-overseas-cash/#more-506787" class="more-link">more…[/url]</p><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=506787&subd=9to5mac&ref=&feed=1" width="1" height="1" /><img alt="" border="0" src="https://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=506787&subd=9to5mac&ref=&feed=1" width="1" height="1" /><div class="feedflare">
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Source: Republican tax proposal would see Apple pay 12% on current overseas cash, bring future profits back tax-free (http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/XekXzSwuoTo/)