Sino Agro Food Inc (fka SIAF)

[Lucky Loser]

From what I gathered, SIAF.

From what he said, any money repatriated to the US (which is true for any profit distribution) is taxable at the corporate rate.

By keeping money offshore, SIAF has been able to forego tax in the US.

It's when profits are brought back (and then distributed) that tax is owed.