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Why would you assume a company would never use a loan? Apple takes out loans and they have billions. There could be tax incentive to take out loans.
by troynt 9y ago
Why would you assume a company would never use a loan?
Apple takes out loans and they have billions.
There could be tax incentive to take out loans.
- Nanite 9y agoApple takes out loans in the US because their offshore billions are subject to 30ish % corporate tax if repatriated, which is indeed a tax incentive albeit a perverse tax dodging one...