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Adobe Plans New Hiring after it says it’s expecting lower tax rates
invite response
2018 Jan 22, 3:50pm 1,967 views 2 comments
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1
MisdemeanorRebel
2018 Jan 22, 4:43pm
MisdemeanorRebel
2018 Jan 22, 4:43pm
"So What?! Stupid Orange Douche Drumpf Dotard, none of this matters!" - Americant Losers
2
Goran_K
2018 Jan 23, 8:39am
Goran_K
2018 Jan 23, 8:39am
anonymous says
That's also the reaction most voters will have when they see a DNC candidate during the midterms.
Yyyyyyyyyaaaaaaaaaawwwwwwwwwwwwwwnnnnnnnnnnnnnn
That's also the reaction most voters will have when they see a DNC candidate during the midterms.
The tech company said that it's expecting an 11 percent tax rate, excluding certain items, through all four quarters of its 2018 fiscal year, which will end on Dec. 1. The company was previously expecting a 21 percent tax rate for the fiscal year.
Additionally, in the 2019 fiscal year Adobe expects the tax rate to "stabilize" at around 18 percent, which is still below the company's 2017 fiscal year tax rate of 21 percent.
"The new Tax Act is lowering Adobe's effective tax rates, driving a significant increase in our earnings per share targets," outgoing Adobe CFO Mark Garrett said in a statement. "With ready access to our offshore cash, we will continue to evaluate investment opportunities to grow our business and we are actively expanding our campuses in the Bay Area and Utah to accommodate the growth of our employee base."
https://www.cnbc.com/2018/01/22/adobe-stock-jumps-on-expected-tax-rate-adjustment.html