One of the biggest beneficiaries to GOP's tax reform could be Apple

One of the biggest beneficiaries to GOP's tax reform could be Apple

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/11/03/one-of-the-biggest-beneficiaries-to-gops-tax-reform-could-be-apple.html

One of the biggest beneficiaries under the Republican tax reform plan will be Apple, according to one Wall Street analyst.

House Republicans revealed on Thursday its proposal to lower the corporate tax rate to 20 percent and for an one-time tax rate of 12 percent on cash holdings repatriated from overseas. Apple said in a filing Friday it had $252.3 billion in cash held overseas.

One of the biggest beneficiaries to GOP's tax reform could be Apple

Nov 3, 2017, 5:29pm UTC
https://www.cnbc.com/2017/11/03/one-of-the-biggest-beneficiaries-to-gops-tax-reform-could-be-apple.html >One of the biggest beneficiaries under the Republican tax reform plan will be Apple, according to one Wall Street analyst. >House Republicans revealed on Thursday its proposal to lower the corporate tax rate to 20 percent and for an one-time tax rate of 12 percent on cash holdings repatriated from overseas. Apple said in a filing Friday it had $252.3 billion in cash held overseas.