The campaign is still in its planning stages, but sources close to the effort say Oracle, Cisco, Apple, Duke Energy, and Pfizer are among the major players looking to bankroll a coordinated, sustained pitch to sell policymakers on the idea. Their aim is to win a one-year tax amnesty on their foreign earnings, allowing them to repatriate that money at a tax rate of about 5%, instead of the 35% they face now.
Apple Lobbying for International Tax Amnesty to Bring Home Profits - Mac Rumors
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Seeded on Wed Feb 16, 2011 11:47 AM
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