Published by American Lookout
By Lisa Payne-Naeger
You’ve got to wonder just how much with it boost the economy to have an extra $200 billion dollars circulating stateside. We won’t be wondering for very long, though. Because of the recently passed Trump tax reform, Apple is bringing a boatload of money back to the U.S.
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.
See the full story here.
January 5, 2018
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