- Dec 21, 2017 TRUMP EFFECT: Apple Looking To Bring $252 Billion In Foreign Cash Back To USA After Landmark Tax Bill
We Said
- December 21, 2017 US tax bill passes, allowing Apple to repatriate its $252B foreign cash, but there’s a catch … (Apple has said that it intends to repatriate some of its overseas cash pile, but hasn’t said how much. However, the $36.3B provision it has made suggests that it plans to bring almost all of it home. If it does so, it will be able to clear all of its $97B long-term debt.)