One-Time Cash Repatriation Tax Relief To Enhance Domestic Liquidity, Trim Debt/EBITDA RatiosMani
U.S. non-financial corporates would benefit from one-off tax relief on cash repatriation, as such a measure would provide them with a temporary boost to liquidity and financial flexibility, according to Moody’s Investors Service. Richard J. Lane and team said in their December 8 research note titled “Tax Relief on Repatriated Cash Would Present Deleveraging Opportunity” that they believe that among top cash holders, Cisco Systems could realize the sharpest improvement in leverage.
Cash repatriation: Trump's proposed tax on foreign-held cash
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