“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
(Visited 61 times, 1 visits today)
Related posts:
Cynical Senate moves to prevent Trump from removing US troops in South Korea
US banker proud to become Chinese national
Former cricket captain turned politician Imran Khan detained and ‘interrogated over drone views’ by ...
'Liberty Dollar' Creator Awaits His Fate Behind Bars
Expedia Starts Accepting Bitcoin for Hotel Bookings
Guardian Editor Says Paper Published Only 1% of Snowden NSA Leaks
DOJ acknowledges Holder was on board with warrant for Fox reporter's emails
In Swat Valley, U.S. drone strikes radicalizing a new generation
NYC Woolworth Tower Condo Priced at Record $110 Million
Cheap Oil Is Squeezing Property Owners in Energy Hubs
Funds Build Bullish Positions In Precious Metals Futures, Options
The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers
China February exports tumble unexpectedly
Growing acceptance of marijuana no help to pot convicts serving life
Indianapolis "Officer of the Year" attacks man in under 16 seconds of conversation