Trapped CasH: When Is a Dollar Not Worth a Dollar?

摘要

The amount of cash held overseas by U.S. corporations has skyrocketed in the last five years. With that increase has come heightened awareness and coverage of "trapped cash," the cash and liquid investments that companies hold in subsidiaries located in jurisdictions outside the United States. Bringing those assets back to the U.S. would subject them to the corporate tax rate, less credit for foreign income taxes paid, so they remain "trapped" overseas.