The cash listed in the article is Microsoft's entire overseas cash supply, including, I would rightly suppose, the money that pays my salary (since I work for MS outside of the USA). Are you saying that's not true? Or are you claiming that I'm not doing anything productive?
The money used to pay salaries, rents, equipment etc. is definitely negligible when compared to the vast buckets of cash just sitting around on Irish and other obscure bank accounts.
Shit, it'd be really interesting to see what would happen if MS/AAPL got the possibility to transfer their entire overseas cash into the US without taxes. Probably 100B$ could provide a massive growth...
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The cash listed in the article is Microsoft's entire overseas cash supply, including, I would rightly suppose, the money that pays my salary (since I work for MS outside of the USA). Are you saying that's not true? Or are you claiming that I'm not doing anything productive?
The money used to pay salaries, rents, equipment etc. is definitely negligible when compared to the vast buckets of cash just sitting around on Irish and other obscure bank accounts.
Shit, it'd be really interesting to see what would happen if MS/AAPL got the possibility to transfer their entire overseas cash into the US without taxes. Probably 100B$ could provide a massive growth...