The new law taxes overseas profits brought home at $15.5%
Under old law, overseas profits brought home were taxed at whatever rate the corporation paid.
In 2016 Apple paid taxes on their profit at the rate of 24.2%
Apple has said they will pay 38 Billion Taxes on their $250 Billion oversea cash
Some Apple press releases seem to imply that they are giving a big piece of this to their employees.
Apple is giving each employee $2,500.00 in restricted stock
Apple has about 47,000 employees in US.
At 2,500 each that is 118 million --not billion ( they repatriated 250 billion)