repatriated profits - Providence Business News

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CORPORATE AMERICA brought $664.9 billion of offshore profits back to the United States in 2018, short of the $4 trillion President Donald Trump said would return as a result of the 2017 tax overhaul. / BLOOMBERG NEWS FILE PHOTO/AL DRAGO

President’s offshore cash promise falters as $665B returns

Economic Activity 03/27/2019

NEW YORK - Corporate America brought $664.9 billion of offshore profits back to the United States last year, falling short of the $4 trillion...

UNITED STATES companies repatriated $169.5 billion in the second quarter, a sharp increase from $34.9 billion a year earlier. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

U.S. companies repatriated $169.5B in Q2

Economic Activity 09/19/2018

NEW YORK - United States corporations are required to pay a one-time tax on their offshore profits, but don’t expect those stockpiled funds to come...

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