On Jan. 1, 2018, the biggest, most sweeping U.S. corporate tax cut ever enacted went into effect….
Tag: U.S. corporate taxes
U.S. companies repatriated over half a trillion dollars in 2018
U.S. companies have sent home over half a trillion dollars of cash they held overseas…
Second term unlikely for EU commissioner Margrethe Vestager
European Commissioner Margrethe Vestager, a former leader of a political party…
Apple pays €14.3 billion Irish tax bill amid ongoing appeal over EU tax grab
Ireland has collected €14.3bn in disputed back taxes and interest from Apple….
Prompted by U.S. tax cuts, Apple and others dump bonds and create $300 billion market hole
As U.S. tax cuts prompt Apple Inc. and other tech companies to bring home their overseas cash hoards…
How Apple easily circumvented EU Competition Commissioner Margarethe Vestager’s tax grab
In August 2016, European Union Competition Commissioner Margrethe Vestager told Ireland to claw back 13 billion euros…
Apple declines invite to EU hearing, cites appeal against EU tax clawback
iPhone maker Apple has turned down an invitation to an EU lawmakers’ hearing…
Apple $1.8 billion tax arrears payment eases EU pressure on Ireland
European authorities indicated they are open to dropping a case against Ireland…
Apple to fight EU Irish tax clawback without U.S. support role
The U.S. lost a bid to help Apple Inc.’s court fight against the European Union’s order to pay Ireland…
Apple leaves overseas cash out of its latest quarterly report
A key figure disappeared from Apple Inc.’s latest quarterly report….
Apple’s corporate debt holdings drop for first time since 2013
A whale in the corporate bond market is going on a diet…
Apple services segment faces margin, competitive challenges
Apple Inc is betting on services such as app downloads and music subscriptions to help drive growth…
What Apple’s $100 billion buyback plan says about President Trump’s tax cuts
The Republican tax cuts are paying off bigtime for Apple shareholders…
Apple plows U.S. tax cuts into record share buybacks
Apple Inc lavished cash on its shareholders like no company in history in the first three months of the year…
Investors look to Apple’s cash, services as analysts fret over iPhone unit sales
Apple Inc’s multi-hundred billion cash stockpile and stalling growth in services such as iCloud present…
Ireland, Apple appeal over EU tax clawback gets timeframe
An appeal by Apple and Ireland against a European Union ruling for the U.S. firm to pay 13 billion euros ($16 billion) in disputed taxes…
Apple’s Irish tax billions said guarded by Bank of New York
Bank of New York Mellon Corp. won a contract to be custodian for as much as 13 billion euros…
EU says Ireland’s Apple complaint will only be dropped if it takes the full $16 billion in tax clawbacks
The European Commission will withdraw its complaint against Ireland for not recovering 13 billion euros…
Ireland expects final disputed Apple bill remaining around $16 billion
Ireland expects the final disputed tax bill that the European Commission ordered…
Apple expected to issue less debt in 2018 now that President Trump has signed the Tax Cuts and Jobs Act
We expect IG tech issuance to be down year-over-year for the first time in about eight years…
Dow, S&P 500 and Nasdaq rocket to new all-time records
Economists say President Donald Trump has had generally positive effects on U.S. economic growth…
Why would any shareholder complain about Apple using repatriated funds for buybacks?
Sure, many of the leaders from Silicon Valley won’t experience a massive tax break…
Apple to take 25% stake in… Apple Inc.?
To provide support for shares as iPhone unit growth slows, and services and other businesses…
UBS: Buy Apple as company could acquire more than $120 billion of its stock in two years
Apple’s capital return program will get much larger, according to one Wall Street firm…
GBH: Apple likely to repatriate $200 billion of its $252 billion foreign cash hoard
Could an expected windfall of billions of dollars from the tax break on repatriated overseas cash…
U.S. job-cut announcements hit lowest level since 1990
The passage of the tax bill has prompted unprecedented hiring plans for 2018…
No, Apple won’t buy Netflix when they repatriate their billions
Don’t expect Apple to buy Netflix this year with the billions of dollars they’ll soon be repatriating…
S&P 500 and Nasdaq rise to records on first trading day of 2018
Last month, President Donald Trump signed a bill that slashed the corporate tax rate in the U.S…
Citi analysts: 40% chance Apple will acquire Netflix now that President Trump’s corporate tax cut has been passed
Citi analysts recently sent a note to clients saying there is a 40% chance that Apple will buy Netflix…
China offers tax incentives to persuade U.S. companies like Apple to stay
In a bid to keep American businesses from taking their profits out of China following Washington’s overhaul of the United States tax code…
Apple expected to repatriate $214 billion to the U.S.; expect increased buybacks and dividends, not big acquisitions
With the new tax structure we expect Apple will bring $214 billion back to the U.S…
How Apple will win (and lose) under President Trump’s tax cuts
The Republican tax bill now awaiting President Trump’s signature has two major pieces of good news for Apple…
Apple notches big league win with U.S. Republican tax cuts, but faces snag with taxes on foreign patents
The U.S. Republican tax overhaul passed by Congress this week will allow Apple Inc. to bring back its $252.3 billion…
Congressional Republicans deliver epic overhaul of U.S. tax laws to President Donald Trump
The House overcame a final hurdle by voting Wednesday to approve a sweeping overhaul of the nation’s tax code…
Republican-controlled U.S. Congress poised to approve biggest tax system overhaul in 30 years
There is little standing in the way of the Republican party’s first major legislative triumph under President Donald Trump…
GOP tax cut plan sets 15.5% repatriation rate on offshore cash; 8% if invested in plants and equipment
The top tax rate that U.S. companies would pay on an estimated $3.1 trillion in earnings…
EU court rejects U.S. government intervention in Apple’s Irish $15 billion tax case
Europe’s second-highest court has rejected a request from the U.S. government to intervene…
GOP eyes taking bigger bite from Apple, others holding cash overseas to seal President Trump’s tax cuts
Republican tax negotiators, aiming to finalize their nearly $1.5 trillion in tax cuts on Friday…
The end to Apple’s cash dilemma
In fiscal 2017, Apple’s $50 billion of free cash flow was $2 billion more than free cash produced by Alphabet, Facebook, and Amazon combined…
Apple could be biggest beneficiary of Republican tax reform plans, saving at least $47 billion
Apple will see as much as $47 billion slashed from its expected tax liability if Republicans push through their current tax plan, a figure that exceeds the annual profits of any other US company…
European Commission forces Ireland to collect €13 billion tax clawback
Ireland is to comply with a European Commission order to collect a disputed €13 billion tax bill from Apple…
Dow soars 203 points higher to record as Wall Street cheers U.S. Senate passage of major tax bill
U.S. stocks traded sharply higher on Monday as investor sentiment was boosted the Senate…