Sentence examples for a tax repatriation from inspiring English sources
The most immediate issue involves a tax repatriation holiday.
Now, Paul and others could argue that lower taxes, overall, would stimulate investment in innovation, but he shouldn't be so glib to the very real implications to a tax repatriation holiday.
Having offered transnational corporations a tax repatriation holiday in 2005 -- a "one-time" opportunity to bring foreign profits back home for a special, low 5.25% tax rate -- corporate America is now holding out for a second bite at the apple, with as much as $2 trillion held hostage in offshore accounts.
Cook's proposal is likely to be for a "tax repatriation holiday" and a "territorial tax system," both of which mean giant, multinational companies like Apple will pay less in taxes, people like Cook will have even more money, and We the People will end up with higher taxes, fewer good schools and good roads and police and teachers and the other things government does to make our lives better.
He has also proposed a corporate tax repatriation plan – to encourage US companies which hoard cash overseas to avoid paying the 35% tax to bring that cash back to the US.
Back in 2004, the U.S. government gave a juicy tax repatriation holiday to incentivize bringing foreign holdings back to the homeland.
But an iWatch News survey of some major players in the tax repatriation debate found that corporations, far from being cash-starved, are sitting on billions of dollars of liquid assets.
Tax repatriation from the tax havens of the Isle of Man, Jersey, and Gurnsey, as well as changes to tax credit calculations had fallen short of expectations.
Another big money raiser is the tax repatriation from Switzerland, which is due to bring in £3.12bn in 2013-14.
Robert Chote, head of the OBR, told reporters that it's "very difficult" to know if the government's estimate of over £5bn from "tax repatriation from Switzerland" is accurate.
In the event of large tax repatriation, we can see appetite improving further.
