Muddy (09-17-2018)
lost in melb. (09-17-2018)
lost in melb. (09-17-2018)
lost in melb. (09-17-2018)
Im sure you dont think Fox is real news but they are pulling from the governments website
https://www.foxbusiness.com/economy/...in-four-charts
http://www.bea.gov/
Is it actual amounts repatriated, or amounts the big guys promised they would repatriate when trump gave them a one off tax exemption for doing so?
Has this money been brought back home now?
.President Trump's historic tax reform package has given American companies more incentive to bring the trillions stashed overseas back to the U.S.A. A lower corporate tax rate, now at 21% versus 35%, is just one incentive. Another is companies are no longer taxed on foreign earnings when they are returned home. “We fixed that really, really stupid thing,” said Kevin Hassett, chair of the president's Council of Economic Advisers, as reported by FOX Business. In the first quarter of 2018, a record $305 billion was repatriated back to the U.S., as tracked by the Bureau of Economic Analysis. While the BEA won't forecast future numbers, many say that trend may continue.
Goofy (09-19-2018)
Aye so Apple brought some of their foreign money home, after avoiding taxes around the world, but never being able to repatriate without getting taxed, they kept it overseas.
Now they could do a one off free repatriation, they brought it home, effectively avoid US tax also, in addition to avoiding international tax.
I've not convinced this is to the greater good of the US.
The Monk (09-18-2018)
Where does it say anywhere that it was brought back tax free?
Pony (09-18-2018)