BMO: Corporate Tax Repatriation Will Go To Shareholders Not Jobs – ValueWalk Premium

BMO: Corporate Tax Repatriation Will Go To Shareholders Not Jobs

With the Trump administration in the process of crafting a tax reform policy – and repatriation of overseas corporate assets a key issue – a BMO Capital Markets piece considers a similar repatriation scheme used in 2004. The current tax repatriation plan might have similar impacts across various market segments and mostly could primarily benefit shareholders, not growing jobs or enhancing research and development.

History could repeat itself with tax repatriation
There are currently two prospective

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