
“Advisers working on Dell Inc.’s $24.4 billion buyout are trying to solve a problem: how to use the computer maker’s foreign cash without paying a $2.6 billion U.S. tax bill. That could be the cost levied to use the money held in foreign subsidiaries. The efforts highlight a current bind of corporate America: While U.S. companies are holding more cash than ever, the tangle of U.S. tax policies and corporate cash-preservation strategies means much of it isn’t readily available for some of the most important corporate decisions, such as returning cash to shareholders or mergers and acquisitions.”
http://online.wsj.com/article/SB10001424127887323300004578559492208492874.html
Related posts:
Interview with Chris Kalbaugh, Producer of 4th of July DUI Checkpoint Video
Be Very Careful, Beloved Spain
U.S. House approves sweeping $633 billion defense spending bill
Intelligence officials overheard joking about how Glenn Greenwald should be 'disappeared'
India finance minister to countrymen: Contain 'uncontrolled passion' for gold
Chinese hackers jeopardize secrecy of U.S. weapons programs
Threatening 'IRS' calls, emails are scams, officials warn
On-duty, uniformed officer charged with armed sexual battery, stalking
Mobile Crime-Fighting App Gives Police Instant Database Access
The 'No Fly List' operates in secret, and its power to exclude is vast
Portugal warns EU-IMF troika to back off on austerity demands
Glenn Greenwald Tears Into Toobin Over Manning, Snowden
Privacy fears cause more to cover online tracks
Indonesia Upholds Death Sentence For British Grandmother's Drug Smuggling
Police restrain crowd from taking food to be thrown away after supermarket eviction