One-Time Cash Repatriation Tax Relief To Enhance Domestic Liquidity, Trim Debt/EBITDA Ratios

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Mani
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Offshore cash balance Cash Repatriation

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 During his election campaign, Donald Trump promised a tax cut on repatriated profits for U.S. companies. Morgan Stanley analysts believe…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports