Apple expects to Pay $38B tax on repatriated cash; announces plans for new tech support campus

APPLE INC. Announced that it will repatriate $38 billion. The company also announced plans for another U.S. campus that would primarily focus on technical support for Apple product users. / BLOOMBERG FILE PHOTO/ JUSTIN CHIN
APPLE INC. Announced that it will pay $38 billion in tax on profits it plans on repatriating to the U.S. The company also announced plans for another U.S. campus that would primarily focus on technical support for Apple product users. / BLOOMBERG FILE PHOTO/ JUSTIN CHIN
NEW YORK - Apple Inc. said it will bring hundreds of billions of overseas dollars back to the United States, pay about $38 billion in taxes on the money and invest tens of billions on domestic jobs, manufacturing and data centers in the coming years. The iPhone maker plans capital expenditures of $30 billion in the…

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