Tax on Profits indeed.... Specifically.

SCMP News (@SCMP_News) Tweeted: Apple to pay US$38 billion in taxes on repatriated profits https://t.co/MRHSSHW4eg https://twitter.com/SCMP_News/status/953756392548159489?ref_src=twcamp%5Eshare%7Ctwsrc%5Em5%7Ctwgr%5Eemail%7Ctwcon%5E7046%7Ctwterm%5E2