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Review 10k for Apple and see if you can find the impact that the Tax Cuts and Jobs Act (TCJA) had on the the tax
Review 10k for Apple and see if you can find the impact that the Tax Cuts and Jobs Act (TCJA) had on the the tax liability of the company. You should focus on the income tax footnote and specifically the repatriation tax under IRC Section 965.
Please provide me an excerpt from the 10k and please see if you can determine how much income from foreign subsidiaries is taxed due to the TCJA.
Utilize the fiscal year which includes the 12/22/2017 date. This year for the company will have the best discussion.
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