Apple’s world-beating financial engineering is teaching the corporate world how to exploit Trump’s tax cuts

By Cory Doctorow

“After Trump’s tax-cuts and forgiveness program, Apple repatriated $260 billion it had stashed in offshore tax havens (or, more truthfully, had funneled through offshore tax-havens to buy onshore financial products that were notionally held offshore); this made Apple the leading beneficiary of the Trump tax forgiveness program.”…

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