InvestorsHub Logo
Post# of 252477
Next 10
Followers 82
Posts 4778
Boards Moderated 0
Alias Born 02/27/2007

Re: zipjet post# 206229

Monday, 11/21/2016 2:01:53 PM

Monday, November 21, 2016 2:01:53 PM

Post# of 252477
>>If I were running a multi-national, I would not bring the cash home even at a 10% one-time tax.

I think a lot will. Who knows if they will ever get the chance again.

Have these profits already been tax-effected on the books? If so, bringing them back at a lower rate would boost EPS, and no CEO will be able to resist that.

Peter

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.