This morning Apple announced plans to pay dividends of $2.65 per share. This is the first time since 1995 that has Apple has pay a dividend. Apple last paid a dividend of $0.12. It is worth noting that Apple will spend roughly $45 billion on this new program over three years, an amount for which in case you make , you will like to check this guide on how to file taxes with the previous paystub. Tim Cook said,
“Even with these investments, we can maintain a war chest for strategic opportunities and have plenty of cash to run our business. So we are going to initiate a dividend and share repurchase program.”
The tax burden on firms has an impact on growth and investment. Businesses are more likely to leave the formal economy if taxes are high. Higher tax rates are linked to fewer formal enterprises and less private investment, according to a research. Up to 2 percentage points less investment to GDP and a little decline in the rate of new businesses starting up are caused by a 10-percentage point rise in the effective corporate income tax rate.
Over the next three years, output is reduced by approximately 3% when taxes are raised by an amount equal to 1% of GDP. The local earnings from current investments would typically be reduced by 1.3% for every percentage point rise in the statutory corporate income tax rate, according to research on the investment decisions made by multinational corporations. A 2.9% decrease in the chance of establishing a subsidiary in an economy results from an increase of one percentage point in the effective corporate income tax rate.