Five of the top 10 companies with the biggest offshore cash balances are in the technology sector.
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Garcha adds that his assessment assumes no further major product introductions, and discounts offshore cash completely for distribution purposes.
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Congress figured out a good way to coax back some of that cash in 2004 when it created a one-year tax holiday on the repatriation of offshore cash.
Billions in offshore corporate cash reserves flood into the country driving both investment and job creation.
Foreign investors, mostly remaining bullish on China, have been sending money into the country while Chinese investors are shipping cash offshore.
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Leaks reveal secrets of the rich who hide cash offshore.
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For some reason, they prefer informal channels, such as Internet-based firms that accept cash offshore and issue friends and relatives back in Zimbabwe with local currency or vouchers for supermarkets.
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The accumulation of cash offshore reflects companies' expansion overseas and U.S. tax rules that make overseas earnings subject to the U.S. 35% tax on corporate profit once repatriated from foreign subsidiaries.
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But three payments had already been withdrawn by the recipients and the cash wired offshore.
So the cash sits offshore, where it can't be used to buy back stock, pay dividends, hire American workers or acquire U.S. startups.
She notes that this would leave the company with limited resources for acquisitions, unless as with the proposed Skype deal it taps cash held offshore.
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Even the foreign venture capitalists who work with the Skolkovo Foundation do not invest directly in Russia, but funnel the cash through offshore shell companies.
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"We think that will help raise money and bring back cash stored offshore, " because the rate would be so much lower than what is charged today.
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It is useful to understand how much the company would have if it brought back the cash it has offshore.
Some of Apple's cash is parked offshore and would first be taxed at U.S. corporate income-tax rates if returned to stockholders.
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The reality is that 70 percent of the cash is in offshore accounts and subject to an onerous 33 percent tax if repatriated.
Which is that much of that cash pile is offshore and would be subject to the high corporate income tax if it were returned to shareholders, who would then pay tax again on that income.
But if those cash reserves are offshore, and bringing them back would spark a corporate income tax bill, it might be that the bonds have been issued domestically in order to get money that can be used domestically.
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The rise in corporate cash certainly could be solely about offshore profits and tax avoidance.
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He said the Scottish government would invest the cash in the firm's Hunterston offshore wind turbine test facility.
There have been reforms: planning changes have made local objections easier to ignore, and the subsidy scheme was tweaked on April 1st to give extra cash to more expensive technologies, such as offshore wind turbines.
These offshore vehicles and contracts allowed Parmalat to shift money around and to raise cash in ways that made it almost impossible for outsiders to understand what was going on.
In the long term as well, prospects for this economy will be extremely challenging: the country's important offshore banking industry, the business of looking after the tax-escaping cash of Russian businesses and individuals, is in effect being closed down forever.
One is to lend employees cash secured on shares held in an employee-benefit trust, usually offshore, as part of their annual bonus but deferred for three to five years.
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Mostly they work for U.S. firms, get paid in dollars and have the cash deposited where they like--often Switzerland, the Caymans or some other offshore haven.
She cannot refuse to invest in a company that does not pay the Living Wage, or have union agreements, or offshore tax haven subsidiaries, but is only allowed to apply the savings to creating the largest cash return possible.
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