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Trump's Tax Plan: 5 Tech Companies That Could Win Big

A one-time 'tax holiday' could spark a repatriation of overseas cash by companies such as Apple and Microsoft.

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Tax Holiday

The Trump administration may be seeking to drop the corporate tax rate to 15 percent from the current 35 percent, but that's not the only way that some large U.S. companies could benefit from the tax plan. The administration has also signaled intentions to allow corporations to repatriate cash held overseas at a lower, one-time tax rate. President Trump has previously suggested a one-time rate of 10 percent, though his administration isn't offering a proposed figure for now. In any case, a handful of tech companies with massive overseas cash holdings would stand to reap the largest benefits from a "tax holiday" of this sort. What follows are more details on five of these tech companies.

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