Foreign Cash: a Taxing Problem

  • Cong Wang

    Press/Media: Newspaper ArticlesInterview

    Description

    Most US multinational companies park their foreign earnings in jurisdictions with favourable tax policies in order to reduce their tax bill. For example, Ireland charges 12.5 % corporation tax while in the US it’s 35 %. If a multinational wants to repatriate foreign cash back to the US they need to pay the tax difference. CEIBS Prof. Cong Wang explains this taxation problem and predicts how Trump’s administration might help solve the problem.

    Period24 Mar 2017

    Media contributions

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    Media contributions

    Categories

    • Interview