Republican Donald Trump is now the president-elect in what’s being called the biggest upset in American political history. Silicon Valley figures are already freaking out, but there’s one company in particular that soon might find itself in a President Trump’s crosshairs. Apple, the world’s most valuable company by market cap, was mentioned specifically by Trump several times during his campaign. And Apple CEO Tim Cook actively campaigned for Hillary Clinton, hosting a fundraiser earlier this year and apparently holding a private meeting with her campaign chairman, John Podesta, in 2015. Institutions around the world are holding emergency meetings to discuss the ramifications of a Trump presidency. Here’s what Cook and his executive team are most likely discussing Wednesday morning: Tax is a critical issue for Apple, and tax reform is the No. 1 issue the company lobbies for in Washington. It’s here that Trump’s stated policies might end up working out in Apple’s favor. Apple has about $200 billion in cash and marketable securities stashed overseas, and it would have to pay 35% in American taxes to bring it back to the US. Trump has proposed slashing the tax rate on income held overseas to 10%, most notably during a… Read full this story
- Another way Trump is terrifying for women? He hasn’t said a word about fighting Zika.
- Where does the Trump Presidency stand a fortnight and a half in?
- Philosophy in the Contemporary World: Trump at the Border
- How Trump's win is sparking a new Mexican nationalism
- Here's how Silicon Valley reacted to Trump's win
- 10 Things Less Disrespectful Than Kneeling During the Anthem (According to Donald Trump)
- Trump Appoints Unqualified HBCU Chief ... Then Skips Town
- Waiting for my Muslim husband's green card during Trump's rise to power
- A Year Later, How Has the Trump Presidency Personally Affected or Changed You?
- Trump Campaign Video Attacks April Ryan
‘Boycott Apple’ — 3 ways a Trump presidency could affect Apple have 308 words, post on www.businessinsider.my at November 9, 2016. This is cached page on Vietnam Dance. If you want remove this page, please contact us.