Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,408.50
(
-1.24%
)
US TECH 100
28,244.40
(
-1.90%
)
Dow Jones
49,526.17
(
-1.07%
)
Brent Oil
107.54
(
0.79%
)
Bitcoin
77,918.75
(
-0.29%
)
News Focus
News Focus
Post# of 30546
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 843
Posts 122988
Boards Moderated 9
Alias Born 09/05/2002

DewDiligence

Member Level

Re: old man post# 528

Thursday, 12/17/2009 4:29:17 PM

Thursday, December 17, 2009 4:29:17 PM

Post# of 30546

Does the US currently tax profits from foreign operations? Your post wasn't clear.

Only when the money is repatriated. Thus, multinationals can defer US income tax on foreign profits indefinitely—provided that they have a sensible use for the cash abroad.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today