U.S. Corporations' Repatriation of Offshore Profits: Evidence from 2018
Michael Smolyansky,
Gustavo Suarez and
Alexandra M. Tabova
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Michael Smolyansky: https://www.federalreserve.gov/econres/michael-smolyansky.htm
Alexandra M. Tabova: https://www.federalreserve.gov/econres/alexandra-m-tabova.htm
No 2019-08-06, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)
Abstract:
We investigate how companies with large holdings of cash abroad have used those funds following the Tax Cuts and Jobs Act (TCJA), which eliminated prior tax disincentives on the repatriation of foreign earnings.
Date: 2019-08-06
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2019-08-06
DOI: 10.17016/2380-7172.2396
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