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by Michael Cote.
Original Post: Cash repatriation could inject $850bn, post-tax
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If Congress enacted such a deal, of course, only a fraction of the $2.6 trillion would reach shareholders. It’s important to note that much of the UFE is not actually in cash; it’s invested in overseas plants or provides working capital for foreign subsidiaries. At press time, specifics of a plan hadn’t emerged, and figuring … Continue reading Cash repatriation could inject $850bn, post-tax