By: Wall Street Pit
May 03, 2013 at 07:38 AM EDT
Apple (AAPL) Avoids $9.2 Billion in Taxes by Taking on Debt
The real answer as to why a company as big as Apple (AAPL) and with so much cash would even bother to issue debt instead of dipping into its $100 billion offshore cash pile, is to avoid a potential tax bill of up to $9 billion. According to a report from The Financial Times, the [...] View the full post at: Apple (AAPL) Avoids $9.2 Billion in Taxes by Taking on Debt Related posts: Apple (AAPL) Makes This Look Easy Apple Unlocks iPhone Hong Kong Apple plans no dividend or buyback – Jobs
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