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Where do US Multi-Nationals Hold Offshore Cash These Days?

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Lobo
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Where do US Multi-Nationals Hold Offshore Cash These Days?

Post by Lobo on Wed 13 Jul 2016, 5:51 pm


What are US multi-nationals doing with the $2 trillion they keep offshore? Looking at the Securities & Exchange Commission (SEC) disclosures shows that Apple, Microsoft, Google, and Cisco Systems hold about 10% of their offshore cash in US government debt, which earns these companies substantial sums in interest. So they are earning interest in dollars while parking money in federal and agency debt.
https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/what-do-us-multi-nationals-hold-offshore-cash-in-these-days/

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