repatriate offshore cash - Providence Business News

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U.S. CORPORATIONS are not bringing profits back from overseas locations at the rate that designers of the 2017 tax law update had expected. So far, slightly less than $1 trillion has been moved back to the United States, compared with the $4 trillion that was predicted by President Donald Trump. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

Corporate America is repatriating offshore cash at slower pace

Economic Activity 09/19/2019

WASHINGTON – Corporations brought $88.3 billion of overseas profits back to the U.S. in the second quarter, marking nearly $1 trillion that has returned since...

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