SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : EMC
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gottfried who wrote (127)3/5/2005 10:52:10 AM
From: Proud_Infidel   of 368
 
EMC mulls shifting $3.2 bln in foreign profits
Fri Mar 4, 2005 05:39 PM ET
SAN FRANCISCO, March 4 (Reuters) - Data storage equipment maker EMC Corp. (EMC.N: Quote, Profile, Research) said on Friday it is considering shifting up to $3.2 billion in profits earned outside the United States to U.S. accounts under a one-time U.S. tax holiday policy.
The company said in its 10-K annual filing with the U.S. Securities and Exchange Commission it was not yet in a position to decide whether, or to what extent it might ultimately repatriate the foreign earnings. However, the company said it expects to make a decision in 2005.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News