Tag Archives: inversions

A Territorial Fix for the Corporate Tax

After a decade of hefty profits, by summer 2012 Apple Inc. was sitting on $117 billion in cash, 23% of the entire company’s value. Yet despite no acquisition plans to justify the staggering figure, Apple long refused to return a single dollar back to its shareholders. By August intense pressure became intolerable, pushing the company finally to pay $2.5 billion in cash dividends, a mere two... Read More