Doing Iss News Today

Really bad international tax system. we do tax corporations twice. you pay money locally and then when they want to repatriate money, they have to true up to u.s. tax rates. which are 35%, the highest of any of our competitive nations around the world. we give them an option, we say if you dont want to repatriate the money right now, you dont have to pay the tax. o so they do for the tax. with the companies are doing iss they do not want to pay the additional tax so they are electing to defer th...