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Re:G7: Rich nations back deal to tax multinationals by swiley on Saturday June 05, 2021 @09:41AM (#27404928)
9. Just kept in a large pile like Apple does.
Re:G7: Rich nations back deal to tax multinationals by nickpp on Saturday June 05, 2021 @09:55AM (#27405049)
Apple's cash reserve hasn't grown in a while since they are spending it on stock buybacks and dividends.

But the very reason they didn't repatriate it and spend it in the US is the corporate tax the GP is arguing against.

Re:G7: Rich nations back deal to tax multinationals by rjknight on Saturday June 05, 2021 @10:39AM (#27405436)
This is really a case of 8. I doubt that Apple has an account full of US dollars, and I mentioned that low yields on safe investments is already a way of “taxing” this money in order to encourage spending or riskier investment.
Re:G7: Rich nations back deal to tax multinationals by op03 on Saturday June 05, 2021 @09:48AM (#27404988)
More like a large mountain range.
Re:G7: Rich nations back deal to tax multinationals by simondotau on Saturday June 05, 2021 @11:34AM (#27405889)
I don’t see how that’s a problem. It’s just delaying the inevitable taxation of that cash. It’s not avoiding it.