Re:Macron says France and U.S. reached digital tax deal
by tonfa on Tuesday August 27, 2019 @05:47PM
(#20814749)
What that article doesn't make it clear is that the overseas cash was still subject to US taxation.
A few years ago, that taxation could be indefinitely deferred, but that's no longer the case. So calling it a tax haven is somewhat misleading if we're talking about US companies.
A few years ago, that taxation could be indefinitely deferred, but that's no longer the case. So calling it a tax haven is somewhat misleading if we're talking about US companies.