Korean authorities want to force Samsung to share cash reserves

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POSTER: computer news   ||   KOREAN AUTHORITIES WANT TO FORCE SAMSUNG TO SHARE CASH RESERVES	DATE:2014-08-23
It is considered that the largest reserves of available assets in the number of electronics manufacturers are concentrated in Apple company hands  , which it always considered  a priority to profitability.  According to Bloomberg, the largest producer of smartphones Samsung bypassed its longtime rival, by the end of June, in the accounts of the Korean manufacturer was about $ 60 billion. In the form of cash and short-term investment instruments.  This is 28% more than the Apple ($ 38 billion). Korean authorities, meanwhile, want to stimulate economic growth which slowed down, causing the wealthy corporations to return the accumulated funds to investors, shareholders and employees.  Since January 2015, South Korea plans to introduce a 10 percent tax on the profits of those companies that spend enough money to invest in development, the payment of dividends or payroll staff.   Such measures may affect not only Samsung, but other industrial giants of South Korea.  However, while experts differ in assessing the effectiveness of such measures.  Since the tax will be introduced on a three-year period, some companies prefer to wait out the unfavorable period and get rid the increased tax payments than is associated with increased remuneration levels  , which then will be difficult to return to a lower position.   Related Products :

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