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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 123.65+2.9%Nov 22 4:00 PM EST

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To: slacker711 who wrote (122697)11/6/2014 12:14:38 PM
From: waitwatchwander  Read Replies (2) of 176357
---> non-GAAP tax rate is going up next year

Could this mean they are getting ready to repatriate some of their foreign cash or does the tax rate just go up because they have fewer expenses for tax purposes? The tax rate normally averaged in the mid to low 20% area. The last couple of years it's been in the high teens which I suspect is due to the higher R&D/SG&A spend. I guess they could be just getting those line items back under control.

Did they state a number for the tax rate in 2015?
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