Re:Alphabet overtakes Apple to become most cash-rich company
by wahern on Saturday August 03, 2019 @12:47AM
(#20598731)
That's true, regardless. They paid tax earning that $100M. What they do after is irrelevant, as neither dividends nor buybacks are tax deductible.
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Re:Alphabet overtakes Apple to become most cash-rich company
by jjeaff on Monday August 12, 2019 @01:40AM
(#20672734)
No, they didn't necessarily pay tax earning that 100m. See double irish sandwich and other modern tax avoidance strategies allowing companies like apple to hold infinite amounts of cash in overseas accounts tax free.