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Cisco repays 67 billion U.S. dollars from overseas after the U.S. tax reform

via:CnBeta     time:2018/2/15 18:31:40     readed:209

The company announced a quarterly dividend increase of 4 cents to 33 cents a share, while the share repurchase program expanded to 31 billion U.S. dollars.

Critics of the new tax code in the United States say increasing share repurchases and dividends suggests that the money brought by the new tax law will flow to shareholders rather than helping the United States create new jobs and move toward infrastructure, research and development and related areas.

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Apple remitted overseas huge sums of cash to raise dividends and repurchase shareholders is the big winner

Microsoft also have hundreds of billions of dollars in overseas cash back to the United States? Taxes paid 13.8 billion U.S. dollars

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