The Resource Permanently reinvested earnings : priceless

Permanently reinvested earnings : priceless

Label
Permanently reinvested earnings : priceless
Title
Permanently reinvested earnings : priceless
Creator
Subject
Language
eng
Summary
In this article, the authors discuss the tax policy issues associated with repatriation under the American Jobs Creation Act of 2004, P.L. No. 108-357, 118 Stat. 1418 (2004) and conduct an extensive survey of the financial statements of the top 81 repatriating U.S. multinational corporations. Their findings suggest that the rate of repatriation by firms was extremely sensitive to the tax burden associated with repatriation, and the rate was further influenced by industry sector, and the amount of permanently reinvested earnings located in low-tax jurisdictions overseas. The results also evidence that firms repatriated qualifying dividends under section 965 of the Internal Revenue Code at an effective tax rate lower than the 5.25 percent initially discussed in literature, and suggest that the amount of permanently reinvested earnings and cash holdings by firms only increased after repatriation under the tax holiday
Citation source
In: Australian tax forum. - Sydney. - Vol. 25 (2010),
http://library.link/vocab/creatorName
  • Mock, R.P
  • Simon, A
Geographic coverage
International
Language note
English
http://library.link/vocab/subjectName
  • tax policy
  • CFC
  • repatriation
  • tax rate
Label
Permanently reinvested earnings : priceless
Instantiates
Publication
Label
Permanently reinvested earnings : priceless
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
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