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Review one of the following companies' 10k (either Apple, Microsoft, or IBM) and see if you can find the impact that the Tax Cuts and
Review one of the following companies' 10k (either Apple, Microsoft, or IBM) 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 1Ok and please see if you can determine how much income from foreign subsidiaries is taxed due to the TCJA (its not as much as I suspected on any of these companies but still a lot)
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