Originally Posted by leg4

if Apple brought its foreign cash back stateside, it would have to fork over 35% of it in taxes under current U.S. law. The U.S will give Apple credit for taxes it already paid to foreign governments, but by Blouin?s calculation based on Apple?s 2012 10-K, Apple?s estimated foreign tax rate on its hoard of foreign earnings (i.e. its permanently reinvested earnings) is?wait for it?0.84%.