Comment on Corporations Like Nike Paid $0 Federal Tax in 2020 While CEO Pay SoaredparentComments−valuearb5yI believe the Trump tax cuts only provided a temporary benefit for repatriation of foreign earnings.−tonfa5yThere was a one time repatriation mechanism, but it also removed the deferred taxation of foreign earnings.https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-a-compari...
Comments
I believe the Trump tax cuts only provided a temporary benefit for repatriation of foreign earnings.
There was a one time repatriation mechanism, but it also removed the deferred taxation of foreign earnings.
https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-a-compari...