Apple could bring home billions in taxes if US passes a tax holiday

Ars Technica
By Cyrus FarivarSep 1, 2016, 3:12 pm537 pts
Enlarge (credit: frankieleon) In an interview with Irish public broadcaster RTÉ, Apple CEO Tim Cook said Thursday that the company planned on bringing billions of dollars held overseas back to the United States to be subject to American taxes. "We provisioned several billion dollars for the US for payment as…

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