Reply to post: Offshore Holdings

Europe to order Apple to cough up 'one beeellion Euros in back taxes'

Anonymous Coward
Anonymous Coward

Offshore Holdings

You would think the US would do something simple like saying you can hold any profits made offshore for a maximum of 5 years then you have to repatriate the money.

i.e. If you wanted to build up a pot of money for investment that is fine just don't take too long to do something with it.

In other words, use it or lose it.

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