Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a US$350 billion (NZ$479 billion) commitment to the US that will be partially financed by an upcoming windfall from the country’s new tax law.
The pledge announced on Wednesday comes less than a month after Congress approved a sweeping overhaul of the US tax code championed by President Donald Trump that will increase corporate profits.
Besides dramatically lowering the standard corporate tax rate, the reforms offer a one-time break on cash being held overseas.
Apple plans to take advantage of that provision to bring back about US$252b in offshore cash, generating a tax bill of roughly US$38b.
from Eve’s Feed http://www.stuff.co.nz/business/world/100672797/Apple-is-building-a-new-US-campus-and-hiring-20-000-people
from
https://evewilki1971.wordpress.com/2018/01/18/apple-is-building-a-new-us-campus-and-hiring-20000-people/
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