Reply to post: Re: I'm pretty sure

Cooky crumbles: Apple mulls yanking profits out of Europe and into US

Nattrash

Re: I'm pretty sure

Sorry, but have to correct you there from an "international" perspective; I don't know about companies, but there are indeed countries where people are taxed on "money in the bank", or more broadly, just having capital like savings, or property (e.g. house). This then isn't "new" money (aka income), but just money that is sitting there year after year, and the tax office is taking a piece of every year...

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