Reading Time: 4 minutesBy: William A. Raabe, Co-Editor of the South-Western Federal Taxation series Late in 2017, the Tax Cuts and Jobs Act (TCJA) enacted several changes to the U.S.’s taxation of the taxable income of multinational domestic corporations. The general intent of one of the new rules was to encourage the repatriation to the U.S. of overseas profits by domestic businesses (out of offshore […]
Early Results from TCJA Tax Revisions for Multinationals
