Get Trump Dan. Get Trump.
"Cook had long said Apple would bring back some of those profits if the U.S. were to lower the corporate tax rate. At the same time, the company is realizing a savings of $42 billion from the new tax bill, notes analyst and investor Gene Munster, from Loup Ventures, as it takes advantage of a one-year window that lowers the tax rate on repatriated profits to 15.5%. That's less than the 21% tax rate on corporate profits from the new law, itself a drop from the 35% prior rate. "
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Posted: 01/17/2018 at 6:39PM