The Traderszone Network

Published in TZ Latest News 4 November, 2017 by The TZ Newswire Staff

The top 10 companies with overseas holdings that could soon be taxed

Under the House Republicans’ new tax bill, some of the largest U.S. companies’ overseas cash earnings could be taxed at 12 percent. According to Goldman Sachs, American companies’ offshore holdings total $3.1 trillion — of these funds, taxes are not owed until the companies repatriate them to U.S. accounts, according to the current tax code. Here are the top 10 companies, ranked by Bloomberg in order of the size of the overseas holdings, that would […]

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