Other provisions of the bill, namely the cut in the corporate tax rate from 35% to 21%, are also a big boon for Apple.
The US Republican tax overhaul passed by Congress this week will allow Apple Inc to bring back its US$252.3bil (RM1.02tril) foreign cash pile without a major tax hit – a long-standing company goal.
Other provisions of the bill, namely the cut in the corporate tax rate from 35% to 21%, are also a big boon for Apple.
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