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A comment on Buybacks at $46B a Month Dwarf Everything in U.S. Market (2015). Parent comment

Re:Buybacks at $46B a Month Dwarf Everything in U.S. Market ... by HappyTypist on Monday April 04, 2016 @05:25AM (#11420421)
Most US companies have cash overseas and have never bought them back to the US because doing so will incur a third gone in taxes. Thus they are lending the cash to the US entity to execute but backs, hoping that a tax holiday is declared in the future.
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Re:Buybacks at $46B a Month Dwarf Everything in U.S. Market ... by jgalt212 on Monday April 04, 2016 @08:16AM (#11421242)
> they are lending the cash to the US entity to execute but backs

I'm pretty sure they don't do this as a loan from the untaxed or under-taxed overseas entity back to the taxed parent would create a tax event.

AAPL has more cash than it knows what to do with, but it's a huge borrower in the corporate market so that it can fund its dividend payments.

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