Sentences with phrase «overseas cash»

Many biotech and pharmaceutical firm won't gain much from the new corporate tax rate, but they'll benefit from being able to access overseas cash.

The iPhone maker will pay $ 38 bln in tax on its huge pile of overseas cash.

The U.S. tax system overhaul also has created incentives for companies to repatriate overseas cash currently held in short - term instruments.

Facebook reached $ 12.97 billion in revenue with $ 2.21 adjusted GAAP earnings per share if you don't count a massive tax it had to pay on overseas cash that translated into a $ 0.77 reduction in EPS.

Five technology companies — Apple, Microsoft, Alphabet, Cisco Systems and Oracle — collectively held $ 594 billion in overseas cash at the end of 2016, according to Moody's Investors Service.

A President Trump, however, is not expected to crack down on drug pricing, and may also allow pharmaceutical companies to bring their giant overseas cash hoards back to the U.S. at a reduced tax rate, a program known as a repatriation tax holiday.

The law encourages companies to bring overseas cash back to the U.S., a process known as repatriation.

The U.S. tax system overhaul also has created incentives for companies to repatriate overseas cash currently held in short - term instruments.

Apple, which had a $ 245 billion overseas cash stash before the tax law, could be a particularly active player in the M&A market.

As for the broader effects of the GOP tax law, Pfizer said that it would pay $ 15 billion in taxes over the next eight years in order to repatriate overseas cash as its effective tax rate falls from about 20 % to 17 %.

Many pharma companies won't gain much from the new corporate tax rate, but they'll benefit from being able to access more overseas cash.

If the goal is to create good paying jobs for working Americans, lowering businesses to 15 % and repatriating overseas cash fail at their own stated purpose.

With a mountain of overseas cash suddenly freed up by the tax overhaul, Apple bought back $ 23.5 billion of its own stock in the March quarter, a record amount for any U.S. company, according to S&P Dow Jones Indices, and it added $ 100 billion to its target for future repurchases.

Beijing also increased its scrutiny of overseas cash transfers.

We have gotten lot emails lately asking us about members overseas cash civilians, mainly women, come home leave Afghanistan meet, date, chat, create attractive and.

Further, these companies will have access to future overseas cash generally free of additional U.S. income tax.»

That investment plan was helped by recent tax changes which lowered the tax rate on overseas cash being brought back to the U.S.

Last week, Johnson & Johnson said it would take a $ 13.6 billion charge to bring back billions in overseas cash, which would then be used to fund operations and pay down debt.

Many provisions in the bill, including repatriation of overseas cash, could spur U.S. mergers and acquisitions that would boost investment banking.

Though the firm, along with many others, expects Apple to use its mountain of repatriated overseas cash to boost share prices through the repurchase of stock, it says the result will fail to overrule the iPhone slowdown.

They're required to pay a tax on that money, and pharmaceutical companies have some of the largest stockpiles of overseas cash.

The liberal activist recently proposed using multinationals» overseas cash to fund U.S. small businesses.

Apple, Microsoft and Alphabet are best positioned to take advantage of the Republican - backed tax bill, as they're sitting on overseas cash and marketable securities totaling more than $ 500 billion, which can be repatriated at a lower tax rate.

These forward - looking statements include without limitation those about Apple's plans for future investments and expansion, taxes, Apple's plans for managing its cash balances, and repatriation of overseas cash.

Apple announced on Wednesday plans to repatriate its nearly quarter - trillion in overseas cash.

Apple is repatriating its overseas cash hoard, giving the company the opportunity to do whatever it wants with that money once it pays taxes.

This implies it will repatriate virtually all of its $ 250 billion in overseas cash.

The list breaks out overseas holdings versus cash in the U.S. — seen as important in light of the tax overhaul giving U.S. companies cheaper access to their overseas cash piles.

Mohan noted that Apple has $ 253 billion in overseas cash.

Apple also holds roughly $ 200 billion in overseas cash, which might move home this year if corporate taxes on repatriation are lowered.

At the same time, the Fed may raise rates if inflation picks up, and there's a host of reasons that could occur: acceleration in wages, a weaker dollar, rising commodity prices, growing risks of protectionism, overseas cash repatriation.

«If Apple had used its overseas cash to fund this return of capital, the funds would have been diminished by the very high corporate U.S. tax rate of 35 percent,» Mr. Cook is planning to testify, according to the prepared text.

But rather than use its overseas cash to fund these, Apple has taken on billions of dollars of additional debt.

Cisco said this month that in response to the tax package, it would bring back to the United States $ 67 billion of overseas cash, using $ 25 billion to finance additional share repurchases.

For one, Apple is likely the top beneficiary of U.S. technology companies when it comes to a new Republican tax proposal on overseas cash.

Bringing back the overseas cash, he said, does little to aid its expansion.

BANK OF AMERICA: Massive amounts of overseas cash are about to pour into the US — and provide a boost to the dollar

In an interview with ABC News to tout Apple's new jobs strategy, second U.S. campus, and repatriation of some $ 250 billion in overseas cash, Tim Cook also spoke for the first time about the iPhone battery issue, offering an apology, a little blame, and an upcoming fix.

That would free up the company to move any or all of its overseas cash holdings to the US.

The iPhone maker did not say, however, how much of that spending would come from its overseas cash holdings of $ 252.3 billion, or how much was previously planned.

Facebook executives will speak with analysts on a conference call at 5 pm ET and will likely shed more light on the taxes (and if Facebook plans to do anything with its overseas cash pile, which was almost $ 13 billion at the end of September).

Donald Trump wants to allow companies to repatriate their overseas cash at a 10 % tax rate and has promised a massive investment in infrastructure.

There are also two potential tax code changes that could help increase corporate activity — a tax holiday to repatriate overseas cash and a significant reduction in corporate tax rates.

Companies with a great deal of overseas cash would benefit from being able to bring that money back to the U.S. while avoiding the massive tax bill they would have faced otherwise.

President Barack Obama in 2015 proposed a one - time break of 14 percent on overseas cash and a 19 percent tax on future earnings, but it didn't go anywhere.

A lot of money has piled up on the books of Apple Ireland, which is what people mean when they say Apple has billions in «overseas cash.»

Apple on Jan. 17 said it will pay $ 38 billion in U.S. tax on its overseas cash under the tax act signed into law by President Donald Trump in December.

The reform package's rule regarding the repatriation of overseas cash could benefit investors by leading to rising dividends and stock buybacks, they said.