5 Companies That Will Benefit Most From a $500 Billion Tax Holiday
Apple could be the biggest winner if the Trump administration grants U.S. companies a repatriation tax holiday.
Should Donald Trump get his way, Fortune 500 companies stand to benefit from a one-time repatriation tax rate of 10%, which represents a 70% discount.
With billions in cash stockpiled overseas, Apple (AAPL) - Get Report , Microsoft (MSFT) - Get Report , Citigroup (C) - Get Report , Oracle (ORCL) - Get Report and Amgen (AMGN) - Get Report stand to benefit from enormous tax savings if the president creates a corporate tax holiday.
This article was written by a staff member of TheStreet.
