“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:
Commodities: High metal prices can put lives in danger
Muslim beauty pageant challenges Miss World
9/11 memorial gets temporary home after judge warns it could be wielded as a weapon
Selfie sticks banned at US attractions
As-is Melbourne houses fetch more than $1 million above reserve
Britain considers recruiting convicted computer hackers for cyber-defense
Supreme Court Rejects NRA’s Bid to Block Sunnyvale Gun Law
Bitcoin start-up calls out Commonwealth Bank on accounts suspended without warning or explanation
Goldman Sachs quarterly profits more than double to $1.93bn
Cashing in on the bitcoin boom
It's All Gone Wrong for One of World's Biggest Mining Companies
Gold Smuggling to Climb in India on Tax Increase, Festivals
3rd ex-Jackson officer pleads guilty in bribery case
Indiana public schools try to woo students away from vouchers
Woman sues officers for seizing $31,000 cash from real estate sale