What was the current year tax burden for your company in the United States?
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Please use Apple, Inc
Briefly describe the options data you found and address the following:
Cash: Is your selected company holding too much cash? If so, why? Examine the cash account on balance.
Foreign Subsidiaries: Does the company list specific accounts for its foreign subsidiaries? If yes, what accounts does the company list for them? If they
are not listed, how does the company account for them? (See the notes section on the balance.)
Cash Repatriation: What specific procedures is the company describing in its annual financial statements for cash repatriation? Briefly describe.
Tax Burden: What was the current year tax burden for your company in the United States?
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