Apple, the world’s most valuable company, has always proudly trumpeted its California roots. But the most American of all tech companies has never been a fan of paying back into the system that facilitated its success. On Wednesday, it announced that now that the US government has sufficiently capitulated on corporate tax rates, it will pay a fraction of the taxes it previously would have owed.
When it comes to stainless steel Haute Horlogerie sports watches there is a lot to choose these days. Many are new entries, but some are part of an exclusive inner circle. Among them is the Vacheron Constantin Overseas. Revamped in 2016, the Overseas collection comes with something that many of its competitors don’t have: a world time complication.
Just five U.S.-based tech firms — Apple, Microsoft, Google, Cisco Systems and Oracle — had cash reserves of $430.3 billion at the end of 2014, the vast majority of which were held overseas, according to a new report from Moody’s Investors Service.