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Unlike the US tax code, Apple is perfectly rational
“Apple’s decision last week to issue $17bn in bonds has drawn attention to America’s abominable corporate tax system,” Aswath Damodaran writes for The Financial Times. “The tech giant’s first debt...
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Study: U.S. companies’ overseas earnings hit record $1.9 trillion
“Large U.S. companies boosted their offshore earnings by 15 percent last year to a record $1.9 trillion, avoiding hefty tax bills by keeping the profits abroad, according to a new report,” Dena Aubin...
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New Rumsfeld book applauds late Steve Jobs for ‘standing up to Obama’
“Tea Party and conservative constitutional groups may be the new targets of the Internal Revenue Service, but former Defense Secretary Don Rumsfeld reveals in his new book out this week that outspoken...
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Apple CEO Tim Cook to propose U.S. tax reform for offshore cash
“Apple Inc., which holds $102 billion in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country,” Adam Satariano...
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Apple CEO Tim Cook to propose ‘dramatic simplification’ of U.S. corporate tax...
“Apple chief executive Tim Cook plans to propose a ‘dramatic simplification’ of corporate tax laws when he testifies for the first time before Congress next week, just as lawmakers are considering an...
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Apple’s billions are building an empire for the future
“Given that Apple now sits on well over $144.7 billion in liquid resources, there’s lots of discussion about how the company could or should be spending it. What Apple is already doing with its cash...
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Bloomberg News’ awful reporting on Apple’s U.S. corporate taxes
“There really does seem to be a great deal of misunderstanding going on over the story about Apple’s taxes,” Tim Worstall writes for Forbes. “As an example, the number of people seeming to claim that...
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Are you paying the iTunes tax? Growing number of U.S. states find ways to tax...
“That $1.29 iTunes song or $9.99 e-book may be more expensive than you think,” Melanie Hicken reports for CNN. “If you live in one of the nearly 25 states that charge sales tax on digital goods or...
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Apple plans another massive debt sale to fuel new share repurchases, dividends
“A year after it pulled off a then-corporate record $17 billion bond sale, Apple Inc.’s plans to raise a ‘similar’ sum this year highlight strong investor demand for debt issued by highly rated...
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Apple readies blockbuster $17 billion debt sale
“Apple is preparing the groundwork for another blockbuster debt sale in the region of $17bn that could rank as the second-largest corporate bond sale of all time,” Michael Mackenzie and Vivianne...
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Why mega-rich Apple – with $150 billion in cash – has to borrow $17 billion
“A company sitting on a $150 billion cash pile planning a $17 billion bond issue to buy back its shares? It sounds like a bad joke, and Apple, the company in question, is keenly aware of it,” Leonid...
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Steve Balmer stands to gain $1 billion in tax benefits from L.A. Clippers...
“Steve Ballmer stands to gain as much as $1bn in tax benefits as a result of his $2bn purchase of the Los Angeles Clippers basketball team, helping to explain why the Microsoft billionaire paid a...
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Apple preps first Kangaroo bond; likely to set Australian corporate bond record
Australia's corporate bond market is poised for a big boost...
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Apple plans record Kangaroo bond debut
Apple has released price guidance for its debut Kangaroo bond...
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Why investors should love Apple’s debt strategy
Apple, the richest company in the world, has continued borrowing increasing amounts of money from all over the world...
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Bill Simmons: Clippers owner Steve Ballmer has shown ZERO evidence that he...
Bill Simmons, now with HBO, took to Twitter to express his views on the Los Angeles Clippers...
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How Apple’s massive debt-powered buybacks actually save the company money
I'm a big fan of Apple's strategy of financing its massive share repurchase program with debt...
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Apple CEO Tim Cook: U.S. tax reform should have been done years ago
“Tax reform is sorely needed and should have been done years ago, Apple CEO Tim Cook told NBC News’ Lester Holt,” Anita Balakrishnan reports for CNBC. “Apple has a deep understanding of the effects of...
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U.S. postpones April 15 tax payments for 90 days for most Americans
In an unprecedented move, the U.S. government will postpone the April 15 deadline for tax payments for millions of individuals, giving Americans another 90 days to pay their 2019 income tax bills, due...
View ArticleJPMorgan: President Trump victory most favorable outcome for stock market
U.S. investment bank JPMorgan expects the S&P500 index to surge 12.6% to 3,900 points if the re-election of U.S. President Donald Trump … The post JPMorgan: President Trump victory most favorable...
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