Apple’s Double Irish With A Dutch Sandwich Goes Down Easy with SEC

By Phil Karter Senator Carl Levin (D-Mich.) may have tried to take a bite out of Apple (AAPL) in congressional hearings last May examining the company’s overseas tax structure, calling it “the holy grail of tax avoidance.” However, it appears that more than just Irish eyes are smiling on the company these days, for in … More Apple’s Double Irish With A Dutch Sandwich Goes Down Easy with SEC

Fox Business Interview: OVDI, FBARs, And The Economic Benefits Of A Repatriation Holiday

By Jonathan Prokup Fox Business invited me to appear yesterday on “After The Bell” with Liz Claman and David Asman to discuss (i) the IRS reopening the disclosure initiative for offshore bank accounts and (ii) the ongoing debate about whether Congress should implement a corporate repatriation holiday.  A link to the video is below the … More Fox Business Interview: OVDI, FBARs, And The Economic Benefits Of A Repatriation Holiday

Tax Foundation: Rethinking U.S. Taxation of Overseas Operations

By Jonathan Prokup Our in-house and private-practice corporate readers will likely enjoy one of the Tax Foundation’s newest reports: Rethinking U.S. Taxation of Overseas Operations. As the abstract describes: The United States produces a third of the world’s wealth but contains less than 5 percent of the world’s population. This disparity pushes many U.S. businesses … More Tax Foundation: Rethinking U.S. Taxation of Overseas Operations

The Repatriation Dilemma Revisited

By David L. Bernard TaxBlawg’s Guest Commentator, David L. Bernard, is the recently retired Vice President of Taxes for Kimberly-Clark Corporation, a past president of the Tax Executives Institute, and a periodic contributor to TaxBlawg. My recent post titled The Repatriation Dilemma: Cash may be King, but is Earnings Per Share the Ace of Trump? … More The Repatriation Dilemma Revisited

Past Is Prologue: Is Another Repatriation Holiday On The Way?

By Jonathan Prokup A little over a month ago, our guest commentator, Dave Bernard, pointed out that a significant number of multinational companies have built up large stockpiles of cash in low-tax jurisdictions around the world.  While these stockpiles had been noticed by various journalists, Dave explained that the persistence of these stockpiles could largely … More Past Is Prologue: Is Another Repatriation Holiday On The Way?

The Repatriation Dilemma: Cash May Be King, But Is Earnings Per Share Trump?

By David L. Bernard TaxBlawg’s Guest Commentator, David L. Bernard, is the recently retired Vice President of Taxes for Kimberly-Clark Corporation, a past president of the Tax Executives Institute, and a periodic contributor to TaxBlawg. The financial press can’t stop talking about the amount of cash on corporate balance sheets. Journalists and arm-chair analysts alike … More The Repatriation Dilemma: Cash May Be King, But Is Earnings Per Share Trump?