Taxing Testimony: 10 Highlights From Apple CEO Tim Cook's Remarks To Congress


Apple Has No Plans To Bring Foreign Cash Back Home

"We can't use our overseas cash to make any investments in the United States. I have no current plan to bring [foreign cash] back at the current tax rate. I don't think that's the same [as saying Apple won't ever bring cash back unless the U.S. lowers its repatriation tax rate]. I'm not projecting what I'm going to do forever, because I have no idea how the world may change."

 



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