Outgoing CEO Paul Jacobs to Shareholders: Tell Your Congressman to Give Qualcomm a Tax Break!
By John Lawrence / San Diego Free Press
In his final message after more than eight years as chief executive officer of Qualcomm Inc. (QCOM), Paul Jacobs on March 4 gave employees shareholders what he called a “homework assignment.” “Send your Congress people your opinion that you’d like American companies to be able to bring offshore money back to the United States to either reinvest or return to shareholders”, said Jacobs, now executive chairman of the San Diego based chipmaker, which has $21.6 billion in overseas profits.


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