$2.1 trillion in corporate earnings remain overseas—that’s $2.1 trillion in untaxed revenue belonging to U.S. companies. With the corporate tax rate at 35%, should we expect U.S. corporations to “repatriate” that income? Certainly their shareholders would prefer that those earnings […]
Top tax issues in 2015 It’s never a great indicator when the IRS commissioner is publicly concerned about an upcoming tax-filing period. Recent years have actually started with tax obligation uncertainty, which has actually resulted in postponed return processing as […]
In the past 10 years, 47 companies have transferred overseas for lower tax rates, compared to only 29 in the previous twenty years. Now more than ever, American companies are deserting the U.S. for nations with more attractive tax law. […]