Repatriation Update

Repatriation Update

The Tax Cuts and Jobs Act was signed into law in December 2017. Among the many changes that it brought to the US tax system was a one-time repatriation tax. The tax reform required US companies to pay a one-off tax of 8% to 15.5% on overseas earnings. But how much has been repatriated, and how much have large companies paid in tax?