Quote:
Originally Posted by Cowperson
Many companies like this will patiently explain to you that they are global companies and no longer American companies.
So, the money might not ever come to the USA.
Cowperson
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They need a place to spend it, whether the US or otherwise, and there will be tax implications when that time comes.
They certainly won't suddenly start performing billions in R&D or manufacturing in Ireland.
It's very common to use this strategy to hold the money until it's needed, or gradually repatriate it during down years when the tax implications are minimized.