Most of Apple's $82 billion cash stockpile is 'trapped' overseas Apple may have enough cash on hand to make Scrooge McDuck's money vault look like a kiddie pool by comparison, but according to SeekingAlpha, most of that cash is effectively trapped overseas. US$54 billion of Apple's overall $82 billion in cash is in offshore accounts, and Apple cannot repatriate that money to the States unless it wants to pay a huge 35 percent corporate tax on it. If Apple attempted to bring that money into the States, right off the bat through the magic of taxes that $54 billion would transform into $35.1 billion, with the other $18.9 billion disappearing down the federal money hole. With that much cash at stake, it's no wonder that Apple hasn't been in any hurry to repatriate its huge foreign cash reserves.
Warka Bank for Investment & Finance J.S.C 1- Internal transfers from IQD currency to IQD currency : 0.115% 2- Internal transfers from USD currency to USD currency: 0.1% 3- Internal transfers from USD currency to IQD currency: 0.1% The White House Opening the Doors to the White House President Obama is committed to making this the most open and participatory administration in history. Learn How You Can Participate
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It's a Hoax: GE Does Not Plan to Return $3.2 Billion Tax Refund to U.S. Treasury This is a rush transcript. Copy may not be in its final form. AMY GOODMAN: Well, as we talk about the power in this country — grassroots power, corporate power — we wanted to finally turn to General Electric, which has been under criticism ever since the New York Times reported last month GE paid no federal income taxes last year despite earning $14.2 billion in worldwide profits. While some news outlets have questioned the accuracy of the Times report, GE’s tax record is now in the spotlight.
FBI Nat. Press room At a hearing before a House Appropriations Subcommittee this morning, FBI Director James B. Comey laid out the Bureau’s budget request for fiscal year 2015 and summarized the various efforts this funding supports. Also this morning, FBI Criminal Investigative Division Acting Assistant Director Michael T. Harpster briefed a House Judiciary Subcommittee on the Bureau’s efforts to combat child sex trafficking. GENERAL INVESTING Wire Transfer A wire transfer is an electronic transfer of money between different financial institutions. How to Request a Wire Transfer To Wire Money to Your E*TRADE Securities Account Contact your other financial institution and ask them to wire funds to E*TRADE Securities.
Top 10 US Corporate Tax Avoiders Named on Senate Floor Despite complaints about the U.S.’s burdensome 35% corporate tax rate, two-thirds of American corporations pay no taxes in a given year. In a speech last week on the Senate floor, Senator Bernie Sanders (I) of Vermont called out the top 10 corporate tax avoiders: Among those actually getting money back from the Feds: Journal of the U.S. Supreme Court What's New The Chief Justice’s 2013 Year-End Report. A new exhibition, Capturing Justice: Judicial Portraits by Augustus Saint-Gaudens, has been installed on the ground floor. The Court has adopted a revised version of the Rules of the Court to take effect July 1, 2013.
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