Dell’s Cash Overseas Is Needed at Home, But U.S. Taxes Loom Large

“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

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