“So are the board and management of eBay Inc. (EBAY) clueless or crazy for electing to trigger a $3 billion non-tax charge for a potential future tax bill should it decide to repatriate $9 billion of its overseas cash, rather than tap the pliant bond market for any immediate domestic spending needs?  The company points out that it has made a number of U.S. acquisitions and suggested more were on the way. More broadly, though, this could represent a tacit admission that any easing of U.S. tax treatment of non-U.S. cash –- a major lobbying point of some tech-industry leaders in recent years –- appears unlikely at a time of heightened anxiety about wealth inequality.”

https://finance.yahoo.com/blogs/daily-ticker/why-did-ebay-repatriate-funds–triggering-a–3b-tax-bill—when-apple-didn-t-and-borrowed-in-the-u-s–instead–d-left-funds-overseas-150411266.html

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