Repatriation Tax Guidance Needed Pronto: Multinationals

Daily Tax Report
December 19, 2017

Douglas S. Stransky was quoted in the article, “Repatriation Tax Guidance Needed Pronto: Multinationals,” which was published in Bloomberg BNA’s Daily Tax Report on December 19, 2017.

The article discusses the new provision in the final tax reform bill that requires offshore cash to be brought back to the United States. In the article, Mr. Stransky comments on some of the complexities of the provision and the need for immediate guidance from the U.S. Treasury to implement the new law in light of the 2017 effective date for this provision.