| Author | Message | ||
Lenin Hero Username: Lenin Post Number: 14474 Registered: 08-2014 Posted From: 120.21.132.9 Rating: N/A |
Few billions inflow or outflow will not impact currency Exchange rate depends upon interest rate, inflation , CAD and debt levels Guntur, Hyderabad, Andhra, Telangana, Tamilnadu, Karnataka first....India last!!! | ||
Saarang Hero Username: Saarang Post Number: 16873 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
When dollar to rupee went into 30s...I thought Rupee will never see 50s again...it went close to 70...chaala mandhi experts ee cheptaaru...its very hard to predict currency movements | ||
Saint Legend Username: Saint Post Number: 72040 Registered: 01-2011 Posted From: 144.230.191.36 Rating: N/A |
I agree...but overall ga USD strength peruguthunda taggudda ane idea vasthadi kada/.. | ||
Saint Legend Username: Saint Post Number: 72039 Registered: 01-2011 Posted From: 144.230.191.36 Rating: N/A |
sir ji, if they brought the back money on Q'ly or Annual basis, they shud have paid tax...Offshore accounts lo vunna danike old tax law prakaram deferred tax ....if they bring back, they must pay on arrival...with new tax law code, it is changing even if they dont repatriate... The important question here is which currency they hold the funds? how they r planning to bring back...hedge cheyyochu to minimize the currency conversion losses...every MNC does that.... But if they try to bring back 1trillion USD, into USA like Apple, what will be the impact? If the currency already in USD, it may not matter at all...They dont need to hedge ..what if its in some other currency? | ||
Uno Side Hero Username: Uno Post Number: 2300 Registered: 03-2016 Posted From: 99.231.161.157 Rating: N/A |
Why will it happen ? why do you think Apple has the funds in EUROs ? ..and do you think USD account can be opened and deposited only in US ? Big MNCs do currency hedging and also spread the funds between 3 to 4 currencies Apple profits are from wordlwide sales and don't expect them to hold funds in 120 odd currencies.The currency conversion and repatriation may have been done on a every quarterly/annual basis | ||
Saarang Hero Username: Saarang Post Number: 16863 Registered: 06-2012 Posted From: 66.25.5.81 Rating: N/A |
I see what you are trying to do kaani...predicting currency rate fluctuations is really hard compared to stocks...nenu try chesi burn ayya few years back...never tried to do it again. | ||
Saint Legend Username: Saint Post Number: 72037 Registered: 01-2011 Posted From: 144.230.63.54 Rating: N/A |
so they currency conversion may happen...what will be the impact of this on USD? | ||
Uno Side Hero Username: Uno Post Number: 2299 Registered: 03-2016 Posted From: 99.231.161.157 Rating: N/A |
Bringing does not mean that apple will spend them..it will be moving from Ireland account to US account | ||
Saint Legend Username: Saint Post Number: 72035 Registered: 01-2011 Posted From: 144.230.63.54 Rating: N/A |
ee year dabbulu back ki testhunnam ani statement itchadu kada? | ||
Uno Side Hero Username: Uno Post Number: 2298 Registered: 03-2016 Posted From: 99.231.161.157 Rating: N/A |
Nothing much difference. Cos the money is moving from one pocket to another To understand better,Apple (and like many other companies used some tax loopholes ,legally) Why ? Cos there corporate Tax is rate is as high as 35% in US Ireland has corporate /Tax law (now closed due to pressure from EU ) which states that there will no taxes on income(profits) that are generated outside Ireland Apple's 2/3 of profits are from outside US.Apple used to declare the non-us profit on it's Ireland HQ and avoided any sort of tax How ever Apple paid all sort of local sales taxes/VAT on it's products locally where ever it sold it's products Now,after the new tax regime,Apple will be paying around 12% tax.It may be still higher than zero,but it may have some other benefits in long term Apple will just declare and pay tax and may or may not need to bring in the funds.It can spend them where ever whenever required..So does not have impact on currency or economy | ||
Saint Legend Username: Saint Post Number: 72003 Registered: 01-2011 Posted From: 144.230.63.54 Rating: N/A |
Company accounts correct yee...but assume if the money was left in local accounts and local currency..now Apple wants to bring back that money... If Apple kept in USD already, it may not matter much...but what if its in local currency? Not just Apple, goog etc other cos too | ||
Rocketk2 Side Hero Username: Rocketk2 Post Number: 5096 Registered: 03-2014 Posted From: 107.77.106.53 Rating: N/A |
it will not impact USD. There will be no direct impact even for economy. It is their (cash) asset sitting in different currency. However, spending **may get** impacted. Any company will plan cash flow( actual and projected) . Even today they will be moving in cash only to the point required by their projects ( which justify ROI) and to satisfy any liabilities. I don't think access to 'direct money' stopped anyone from investing within US. Interest rates on debt is significantly lower. It is mainly 'cost effectiveness' and 'availability of external resources due to expanded infrastructure'. | ||
Kadapafan Megastar Username: Kadapafan Post Number: 23904 Registered: 01-2008 Posted From: 89.253.109.246 Rating: N/A |
Companies ki offshore accts unte its just to avoid tax, not to keep it dark, thats a normal regular transaction, nothing will be impacted | ||
Saint Legend Username: Saint Post Number: 71994 Registered: 01-2011 Posted From: 75.87.171.82 Rating: N/A |
US companies money - 1tn usd is in offshore accounts Appl is bringing back 200 bn.. others also will bring .. How will it impact usd? |