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A comment on Apple's cash hoard swells to $246B. Parent comment

Re:Apple's cash hoard swells to $246B by deepnotderp on Saturday April 15, 2017 @03:30PM (#14122395)
Corporations shouldn't get taxed only if they reinvest the money. More often than not, it's stashed in the Cayman islands or some other tax haven.
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Re:Apple's cash hoard swells to $246B by valuearb on Saturday April 15, 2017 @03:51PM (#14122493)
Yea, the money in the Cayman islands is "invested", it's earning interest only because it's being loaned out to other businesses.

But my point is rather than trap US capital in overseas bank accounts earning limited interest, it's far better to have it brought back to the US and invested directly in businesses (or returned to shareholders).

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Re:Apple's cash hoard swells to $246B by poikniok on Saturday April 15, 2017 @03:48PM (#14122476)
You get that the only reason they do that is because of taxes ..., right?
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