September 17. 2013

Brennan Study Upends Conventional Wisdom on Repatriation

By ACT Staff A recent, independent report by Thomas Brennan, a law professor at Northwestern University, takes a fresh look at the provision in the American Jobs Creation Act (AJCA) of 2004 that temporarily allowed US companies to claim an 85% deduction for repatriated foreign earnings in excess of a company’s historic average. Prior research has been cited to support the claim that 90 Read more »