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Originally Posted by Guest
If the New tax code results in less tax on those defered holdings, they would be wise to bring the holdings back here, as the US dollar is more stable than foriegn currency?
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Why? Why get taxed at all? Apple has $180 billion overseas it's bought US treasuries with. It's already helping the government. Besides, the costs and profits were all born overseas...so why should the US get a big cut anyway?
More stable today...what about tomorrow?
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Originally Posted by Guest
Given the chaos in the white house, I think it is erroneous to assume the US dollar is more stable than foreign currencies.I've read that the Canadian dollar, Australian and New Zealand dollars are more stable than the US dollar for example. Of course it would depend on which countries the deferred holdings are located in.
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Apple bought a LOT of US treasuries with that money. Safe for now.