Submitted by chartbear t3_10421kr in dataisbeautiful
iohognbdfh t1_j32mset wrote
Reply to comment by JoeFalchetto in [OC] Country Distribution of Top 500 Companies by Market Capitalization by chartbear
US companies haven't actually been repatriating those profits though. They leave them overseas to avoid taxes.
Obvious_Chapter2082 t1_j35rr27 wrote
That doesn’t work anymore. The US taxes global income regardless of where it’s located, and it can be repatriated tax-free
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