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by yeukhon
4023 days ago
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It does clear up a lot. I never really understood the whole economic thing while as undergraduate. A lot of companies have this issue, so they would hire offshore workers not only because offshore tend to be cheaper but also because they just don't want to move the money back to US due to taxation. Here is a maybe a stupid idea, what if they just keep investing in a new company in the US with their offshore money, and then Apple buy the company for $1? what about buying lands? Can they keep more foreign money with lower tax rate that way? |
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My understanding is that they'd have to repatriate any money they use towards this effort.