Pages

Saturday, November 15, 2014

U.S. Companies Now Stashing $2 Trillion Overseas. That total is now greater than the amount held on U.S. shores.

"...Corporate cash has hit $2.1 trillion, a sixfold increase over the past 12 years, Capital Economics said, citing its own database as well as that of Audit Analytics and other sources. There is no official total, but the firm also used regulatory filings that included "indefinitely reinvested foreign earnings" to glean the total sitting outside U.S. borders..."
Read more



No comments:

Post a Comment