the IRS offers up amnesty ever yfew years, of course with Congressional Approval why this Whitehouse/Congress can't bring itself to grant a discount to Corporate America for revenues brought back into the US from their foreign holdings is beyond comprehension.
These revenues are earned overseas often times in nations with funky tax laws, rules, regulations but oddly, the risk reward to that cash being parked overseas verses being brough back to the US says all that needs to be said about our oppressive tax rules/laws.
Maybe someday DumBAMA and DumbConress will wake up and decide to get practical and bring that money home.
BUT and its a BIG BUTT (!)......without certainty going forward againm the RISK-REWARD of keeping that money overseas far outweighs even thinking of bringing it back here to the US.
What goes next? Exchanges, Corporate HQTRs.....etc., etc.
Even the little guy may start sending money overseas. all IMHO of course
Agree 100% all American companies cash overseas.....You got that right...White House Dummies...what are they waiting for? If The tax was much lower or even abolished imagine what some American companies would do with the cash to get America going......