Apple is giving employees $2,500 bonuses in restricted stock units after new tax law


Apple is giving its employees $2,500 bonuses in restricted stock units following the passing of new US tax law, according to a report from Bloomberg.

The stock will be granted to most employees worldwide in the coming months, according to the report. It cites unnamed sources within Apple, who claim that Apple employees below a senior level title of “director” will be eligible for the bonuses.

Apple announced earlier today that it would be bringing most of its cash back to the US from overseas (and paying $38 billion in taxes in the process), a move that would seem to be predicated by the recent overhaul of the corporate tax rate in the US.

Apple isn’t the only company to issue bonuses to celebrate the lower tax rates: AT&T and Comcast...

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via The Verge - Tech Posts "http://ift.tt/2DHFHkr"

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