Tim Cook’s $181 billion headache: Almost 90% of Apple’s cash held overseas3 min read . Updated: 23 Jul 2015, 02:01 PM IST
Cook wants the US tax laws to be amended so that companies can repatriate more cash to help the situation
San Francisco: Apple Inc.’s cash topped $200 billion for the first time as the portion of money held abroad rose to almost 90%, putting more pressure on chief executive officer (CEO) Tim Cook to find a way to use the funds without incurring US taxes.
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