They are indicating it by doing it. That cash doesn't have to remain here; they simply have to pay taxes on it. The only reason that a rational corporation would keep it here is because they believe it's a good investment.
Thanks, I don't get it myself. I guess simply stating what a bill actually does is going to have a hard time here on HN, if that bill has even a tangential connection to the current administration. It has become a holy war.
The main reason for bringing the cash back to the US is to pay it out to shareholders. They couldn’t do that while it was overseas. Now that it’s taxed anyway, shareholders will demand their cut.
Maybe the shareholders “believe in America” and will invest their gains in the country. Or maybe they’ll stash most of it in tax havens. Nobody knows — but it’s disingenuous to argue that somehow 100% of the repatriated money will be invested when America’s wealthy classes haven’t been doing that previously either.
We could be in a 1930's recession and it would still be tax-advantageous to bring the money back. Especially since Apple is tipped to use it for stock buy back.
Again, they don't have to bring it back - it was going to be taxed regardless. They could pay the tax and invest it somewhere else. They chose to invest it here.
Analogy: Anyone can open a cryptocurrency masternode [1] and get a several percent per month ROI, paid in that currency. I don't want to do that unless I believe in a given coin, however, because I must invest in and hold a large amount of the given coin in order to operate the masternode and get the return. Yes, I am being incentivized to do so, but it still doesn't make sense unless I believe in the underlying investment.
