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Repatriation Holiday

Apple Avoiding Billions and Billions of Dollars in Taxes

Dave Johnson | Posted 07.20.2013 | Business
Dave Johnson

Apple (like many giant, multinational corporations) has been avoiding paying the taxes they owe to the country by setting up foreign "subsidiaries" in tax-haven countries, and moving jobs out of the country. Now they want a special tax break to reward them for doing that.

U.S. Tech Company Cash, Parked Overseas, Is Unlikely To Come Back

The Huffington Post | Alexander Eichler | Posted 08.27.2011 | Business

At a time when the United States is marred in debate over deficits and debt ceilings, American tech companies are keeping about 70 percent of their ca...