Skip to content
  • Taxing offshore profits could fill lots of potholes

    CNBC News - 02/02/2015

    Proponents of a tax holiday argue that letting companies bring profits back home will spur investment and create jobs. But studies have shown that the last time Congress gave corporations a tax holiday, in 2004, the move did little to boost the economy.

    Instead, companies used their overseas profit pool to better manage the earnings they reported to investors, according to a study last yearby accounting experts Michaele Morrow of Northeastern University and Robert Ricketts of Texas Tech.

  • Cookies on Northeastern sites

    This website uses cookies and similar technologies to understand your use of our website and give you a better experience. By continuing to use the site or closing this banner without changing your cookie settings, you agree to our use of cookies and other technologies. To find out more about our use of cookies and how to change your settings, please go to our Privacy Statement.