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Taxation & Estate Planning

: TaxProf Blog

WSJ: Tax Code Keeps Microsoft, Other U.S. Companies From Spending $1 Trillion in Foreign Profits

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Wall Street Journal, Why Investors Can't Get More Cash Out of U.S. Companies, by Jason Zweig: Earlier this month, Microsoft borrowed $2.25 billion in unsecured debt. What in the world possesses a company with $40 billion in cash and short-term securities to go out and borrow money? Rock-bottom interest rates...

Full post as published by TaxProf Blog on February 21, 2011 (boomark / email).

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