December 3, 2012
(MoneyWatch) In what would be a major departure from its previous manufacturing practices, Apple (AAPL) appears to be assembling some iMacs in the U.S., CNET reports. Such a shift could indicate a wish by Apple to distance itself from some of the PR headaches it has faced over the years stemming from its use of […]
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December 3, 2012
By Jim Ditkoff, Esq. Danaher Corporation, Washington, DC Under the current U.S. international tax system, a U.S. taxpayer that chooses to conduct its overseas business through controlled foreign corporations (CFCs) will generally not be taxed on the operating income1 of those foreign subsidiaries unless and until the U.S. taxpayer receives a distribution (normally of “cash,” i.e., […]
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