3 ms·
I don't think there's any benefit from keeping cash abroad for us corps, that was removed with trump's tax changes. (And even before it was delayed taxation, n
by tonfa 6y ago
I don't think there's any benefit from keeping cash abroad for us corps, that was removed with trump's tax changes.
(And even before it was delayed taxation, not tax free)
- valuearb 6y agoI believe the Trump tax cuts only provided a temporary benefit for repatriation of foreign earnings.
- tonfa 6y agoThere was a one time repatriation mechanism, but it also removed the deferred taxation of foreign earnings. https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-a-comparison-for-large-businesses-and-international-taxpayers https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-a-compari...