Hacker News new | ask | show | jobs
by brianbreslin 4496 days ago
One thing many people failed to take into account in the skype deal was that was cash sitting in overseas accounts and had microsoft repatriated those funds they would have been hit with a 30% tax or something on them. By buying an overseas asset they effectively got a huge discount on their money.
1 comments

It was 30% off, I saved a fortune!