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April 28, 2014 09:51 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/E4EN-ojtjp4/
Apple To Raise Another $17B In Debt To Avoid Repatriating Foreign-Held Cash
As it looks to return more of its accumulated past-net profit margin — cash, and so forth — to investors, Apple will again turn to debt to raisethe funds needed. If that seems odd, keep in mind that most of Apple’s cash is held overseas, and to bring it home would incur a financialpenalty equal to the full United States federal corporate tax rate: 35%. So, the company is… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/E4EN-ojtjp4/
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