The huge back-tax bill European authorities slapped on Apple has put a spotlight on $2.4 trillion in untaxed earnings parked offshore by US companies, a tempting target for governments seeking to strengthen their finances.
Business
Aug 31, 2016
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Apple has more than $81 billion parked overseas. Microsoft has $54 billion, Google $43 billion and Cisco $42 billion.
Business
Aug 2, 2012
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Industry tracker comScore on Thursday reported that US shoppers spent a total of $42.3 billion online during the year-end holiday season—a 14 percent jump from the same period in 2011.
Business
Jan 3, 2013
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Sales tax holidays for certain goods lead to significantly higher sales on the goods, but also substantially reduce tax collection revenue.
Economics & Business
Jul 30, 2010
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A repeat of a corporate tax holiday that found little success in stimulating the economy in 2005 is still a long-shot to jump-start a stagnant U.S. economy, says a University of Illinois expert in corporate and international ...
Economics & Business
Apr 19, 2011
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The Republican tax plan seems about to hand a bow-tied holiday gift to some of America's richest multinational companies, from Apple and Microsoft to Google's parent Alphabet: Tens of billions in tax breaks on profits they've ...
Business
Dec 14, 2017
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