3 ms·

How about not taxing offshore profits, and allow them to bring that cash back to the US and lower taxes overall.

• HWR_14 5y ago
  Because then you end up in situations where all of your patents are held by a subsidiary in the Cayman Islands and 100% of their domestic sales happen to go to paying off the patent license fees.
  • nickff 5y ago
    We’re already in that situation, and the USA could use a re-capitalization.
  • koheripbal 5y ago
    Then, frankly, we should just incorporate the Cayman Islands into the USA
    • HWR_14 5y ago
      I mean, the US Government just suggested a new taxation at the G7 to prevent this. The EU and US (and UK) are going to fix the issue. But it will probably take a few years.
    • dmoy 5y ago
      The British might object to that...
  • duped 5y ago
    Tax the foreign company on their revenue within the United States then.
• dclowd9901 5y ago
  How does that help the US, as a country, at all?