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US companies are not double taxed. Any corporation tax they pay in a foreign jurasdicuon is deducted from their us tax bill.
by Marazan 10y ago
US companies are not double taxed. Any corporation tax they pay in a foreign jurasdicuon is deducted from their us tax bill.
- ChrisBland 10y agoI think OP is referring to places that have tax % lower than the US. Say Country A had a rate of 10%, you get the deduction of the 10% but you still owe 25% more due to the US 35% tax rate when you repatriate the $.
- amitdeshwar 10y agoHow is that "double taxation"?