Re:MicroStrategy's Bitcoin Debt Bet
by xur17 on Sunday December 13, 2020 @11:22AM
(#25407617)
A lot of companies have very large cash reserves (ex: Apple). Should these companies distribute this cash to investors?
[ Parent
| on HN ]
Doesn’t Apple pay a dividend? They also use it to buyback shares, which is essentially the same.
Re:MicroStrategy's Bitcoin Debt Bet
by Scoundreller on Sunday December 13, 2020 @12:34PM
(#25408267)
Token foreigner here: I prefer buybacks. Dividends have all kinds of messy tax implications. Cap gains don’t!
e.g.: Most countries tax foreign dividends at full income tax rates. 15-30% IRS withholding taxes on dividends.