United States:
CFO Publishes "The Impact Of The House Tax Cut Bill On CFOs"
10 November 2017
Bowditch & Dewey
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CFO published the article "The Impact of the House
Tax Cut Bill on CFOs" by Matthew Morris on November 7.
Here is an excerpt:
What do these proposed tax changes mean for CFOs? For CFOs of
large multinational corporations with a C corporation parent in the
United States, the changes mean that (a) more cash can be
distributed in the form of dividends from overseas subsidiaries at
a significantly lower corporate tax rate and (b) only the
corporation's U.S.-source income will be subject to income
tax.
Read the full article on the CFO website.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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