Thursday, January 29, 2015

As Apple nears $200B in cash, U.S. Senators once again propose a repatriation tax break

U.S. Senators Barbara Boxer and Rand Paul on Thursday announced the "Invest in Transportation Act of 2015," a proposal that would allow companies such as Apple to bring foreign cash reserves back to the U.S. at a significantly lower tax rate while using the proceeds to replenish the Highway Trust Fund.













From AppleInsider - Frontpage News

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