U.S. lawmakers propose new tax rule targeting countries with “unfair” taxes. A shift in global tax policy worth noting.
Big Tax Changes Coming: What U.S. Expats in the U.K. Need to Know
Child Tax Credit
Lottery Winners
Crypto Currencies
Stimulus Money
Coronavirus and Tax Deadline
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?