To: sailor4321
Don't these provisions for unrepatriated earnings long predate the Bush administration? Sure. They date from the early 1900's....
8 posted on
03/12/2004 7:33:34 AM PST by
neutrino
(Oderint dum metuant: Let them hate us, so long as they fear us.)
To: neutrino
Yes, they do predate Bush, by decades. Those provisions are long-standing. There is a bill currently being either bandied about or under construction which would permit US corporations a one-time tax amnesty repatriating those funds. During the last runup in thse stock market that possibility (amnesty) was touted as a potential +DJ 500-800 pointer.
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