New York Times |
Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to US
New York Times SAN FRANCISCO — Apple, which had long deferred paying taxes on its foreign earnings and had become synonymous with hoarding money overseas, unveiled plans on Wednesday that would bring back the vast majority of the $252 billion in cash that it held ... Apple is taking a page out of Amazon's playbook by teasing its new campus Apple to hire 20000, open new campus and pay $38 billion tax bill on overseas profits Apple commits to contribute over $350 billion into US economy over the next five years |
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