Multinationals defer a lot of income offshore and these taxpayers are gaming the system with hopes of another Section 965 benefit. A holiday is good if and only if the taxpayers actually use the cash to invest in US based business.
March 5, 2011
Corporate Welfare – How About a Tax Holiday? Pros and Cons
By R in burbs
About R in burbs
i-ˈnig-mə ~ e- in-ˈten(t)s ~ ˈkā-ˌäs ~ ˈdrōl ~ ˈsi-ni-kəl Curator of various varied blog blurbs from R in the burbs; including gripes, politics, entertainment, and other important matters of incivility and injustice. View all posts by R in burbs
This entry was posted on Saturday, March 5th, 2011 at 1:24 PM and tagged with repatriation, section 965, tax holiday and posted in Politics. You can follow any responses to this entry through the RSS 2.0 feed.