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home / news releases / IYW - Don't Worry About Europe's Rising Big Tech Tax Bill - Donald Trump Already Took Care Of It


IYW - Don't Worry About Europe's Rising Big Tech Tax Bill - Donald Trump Already Took Care Of It

One of the worries we might have over investing in Big Tech is that their foreign profits have, until recently, lived something of a charmed life. By dint of some nifty footwork, it was possible to make considerable profits outside the US and end up paying near nothing in taxation upon them - Apple (AAPL) famously used to report a near 2% taxation rate upon foreign profits. Even that was only because it was too tedious to try and manage it down to 0%.

A result of this has been a certain determination

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Stock Information

Company Name: iShares U.S. Technology
Stock Symbol: IYW
Market: NYSE

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