Manakyan, Herman; Mathers, Ani Manakyan - 2021
law by President Trump on December 22, 2017, changed the corporate taxation of U.S. MNCs to a territorial system and … international affiliates and subsidiaries. Prior to 2018, this income was subject to U.S. taxation only when repatriated to the U …U.S. Multinational Corporations (MNCs) generate significant amounts of income in foreign countries hrough their …