News for hackers. Stuff that matters.
Re:Apple plans new U.S. campus, to pay $38B in foreign cash ... by nikdaheratik on Friday January 19, 2018 @12:38AM (#16184358)
Except that they can just pay it with their overseas money in whatever form makes sense. On top of that, debt repayment comes out before the profit/loss that determines income so they could even use that to selectively lower their tax burden in future years.
Re:Apple plans new U.S. campus, to pay $38B in foreign cash ... by akvadrako on Friday January 19, 2018 @05:31AM (#16185276)
Are you sure you can take a loan in the US and then pay it back overseas? That would be effectively transferring money from abroad. The whole point is to avoid that.