Apple (AAPL) , Microsoft (MSFT) and Cisco (CSCO) are holding some $440 billion overseas.

The last thing companies want is to repatriate their overseas treasures and pay the 35% U.S. tax rate.

That's why President Trump is proposing a 10% repatriation holiday.

Apple is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL? Learn more now.

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