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Apple Leaves Overseas Cash Out of Its Latest Quarterly Report

  • New law requires companies to pay taxes on money held abroad
  • Other corporations also drop mention of overseas holdings
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Why Apple Left Cash Held Overseas Out of Its Latest Quarterly Report

A key figure disappeared from Apple Inc.’s latest quarterly report. It’s also gone from the regulatory filings of Netflix Inc., Microsoft Corp., Google’s Alphabet Inc. and Oracle Corp.

Cash held overseas.