My understanding is that since 2018, tax deferral is no longer possible and all the offshore profit of US corporation has since been taxed. Was that wrong? Al

My understanding is that since 2018, tax deferral is no longer possible and all the offshore profit of US corporation has since been taxed. Was that wrong? Also my understanding is that even before, the income moved to tax haven was still subject to US corporate tax, though companies were able to defer taxation until it was repatriated. https://en.wikipedia.org/wiki/Corporate_tax_in_the_United_States#Tax_deferral https://en.wikipedia.org/wiki/Corporate_tax_in_the_United_St...