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Loophole in new tax law could save Apple billions

An unexpected loophole in a new U.S. tax law could let multinational corporations, such as technology giant Apple, avoid billions of dollars in taxes on profits that they have stashed overseas, according to experts......»»

Category: videoSource: reutersJan 12th, 2018

Corporations may dodge billions in U.S. taxes through new loophole: experts

WASHINGTON (Reuters) - A loophole in the new U.S. tax law could allow multinational corporations like Apple Inc to avoid paying billions of dollars in taxes on profits stashed overseas, according to experts......»»

Category: topSource: reutersJan 11th, 2018

Cramer"s 2 reasons why Trump could save Apple billions

Jim Cramer is salivating over the opportunity that a Donald Trump White House could bring Apple......»»

Category: topSource: madmoneyNov 18th, 2016

How Donald Trump Could Save Apple, Inc. Billions

Image source Apple It s been just over a week since Donald Trump won the general election and investors are still trying to figure out what a Trump administration holds in store for their positions That s much easier said than done considering the fact th.....»»

Category: futuresSource: nasdaqNov 16th, 2016

Trump lauds Apple"s overseas cash return as "huge win" for US

President Donald Trump said in a tweet Wednesday that Apple Inc.’s decision to bring hundreds of billions of overseas dollars back to the U.S. is a “huge win for American workers and the USA!”.....»»

Category: topSource: moneycentralJan 18th, 2018

The Sniff Test: Apple didn’t say it was hiring 20,000 new workers, nor bringing back its overseas cash

Apple Inc. announced a series of plans on Wednesday that were celebrated as promises to hire thousands of workers and bring home billions of dollars in cash, but that isn’t what Apple said......»»

Category: topSource: marketwatchJan 17th, 2018

Here"s why analysts think Apple"s cash move is such a big deal (AAPL)

Analysts say Apple's plans to repatriate hundreds of billions of dollars of overseas cash could have big implications. The move could .....»»

Category: topSource: businessinsiderJan 17th, 2018

Apple Will Bring Back Billions in Overseas Cash, Hire 20,000 People, and Build a New U.S. Campus

Some estimates predict the company could bring back as much as $245 billion in overseas cash......»»

Category: topSource: incJan 17th, 2018

Phoenix "a strong contender" for new Apple campus as company brings billions back to U.S.

Phoenix has a strong shot at landing a new Apple campus, according to a leading national site selection expert. Apple Inc. (Nasdaq: AAPL) said Wednesday it plans to open a new, large campus in the U.S. as part of push to hire 20,000 new workers a.....»»

Category: topSource: bizjournalsJan 17th, 2018

Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to U.S.

Less than four weeks after President Trump signed a new tax bill, Apple plans to repatriate the vast majority of its $252 billion in cash held abroad......»»

Category: dealsSource: nytJan 17th, 2018

Apple Is Bringing Billions of Dollars Back to the U.S. to Invest in Jobs After the Tax Overhaul

Apple will invest.....»»

Category: europeSource: fortuneJan 17th, 2018

Maersk, IBM to launch blockchain-based platform for global trade

COPENHAGEN (Reuters) - The world's largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars......»»

Category: topSource: reutersJan 16th, 2018

Why Apple Could Soon Save More Than $4 Billion in Taxes

And all the other Apple news and rumors this week. Along the spectrum of good and bad weeks for Apple, this past one was middling, at best. The week kicked off with some d.....»»

Category: europeSource: fortuneJan 13th, 2018

The Republican tax law will likely save the government billions on a crucial child healthcare program — but Congress still can"t make a deal on it

Brennan Linsley/AP T.....»»

Category: topSource: businessinsiderJan 11th, 2018

The Wall Street Journal: Activist shareholders want Apple to help kids kick iPhone addictions

The iPhone has made Apple Inc. and Wall Street hundreds of billions of dollars. Now some big shareholders are asking at what cost, in an unusual campaign to make the company more socially responsible......»»

Category: topSource: marketwatchJan 7th, 2018

Traders are betting billions that the hottest stocks of 2017 will get crushed (FB, AAPL, AMZN, GOOG, NFLX)

Chip Somodevilla/Getty Facebook, Apple, Netflix, and Google are high up on the list of S&P 500 companies that investors added the most notional amount of short interest to.....»»

Category: topSource: businessinsiderDec 29th, 2017

You Need A New iPhone

But you’re not gonna buy one. Talk about a tempest in a teapot, Apple tries to save your ass and you’re up in arms about it. T.....»»

Category: blogSource: TheBigPictureDec 27th, 2017

Apple finally got its tax break to bring billions home. Your move Apple...

For years, Apple CEO Tim Cook has called on Washington to make it less costly for his company to bring back the billions of dollars it holds overseas......»»

Category: topSource: moneyDec 27th, 2017

In Silicon Valley, much-feared tax bill pays dividends for workers

SAN FRANCISCO (Reuters) - The U.S. tax overhaul is a boon to Silicon Valley technology companies like Apple Inc and Alphabet Inc , which will enjoy big tax cuts and the chance to bring back billions of dollars from overseas at a reduced rate......»»

Category: topSource: reutersDec 21st, 2017

Will US companies put overseas cash to work? Don"t bet on it

The Republican tax plan seems about to hand a bow-tied holiday gift to some of America's richest multinational companies, from Apple and Microsoft to Google's parent Alphabet: Tens of billions in tax breaks on profits they've parked overseas......»»

Category: topSource: foxnewsDec 14th, 2017

Why 2018 Could Be an Especially Lucrative Year for Apple and Its iPhone

And all the other Apple news and rumors this week. Although 2017 will see Apple generate billions of dollars in profit and only add to its ever-growing cash hoard, .....»»

Category: europeSource: fortuneDec 9th, 2017