The ITPF News Blog is managed by the students at the University of Florida Levin College of Law International Tax LLM Program.
By Theo Francis
Nearly a year after the federal government rewrote the corporate tax code, big U.S. companies are still moving warily. Much has changed: Smaller tax bills have boosted quarterly earnings. Stock buybacks are soaring, capital spending has risen, and hundreds of billions of dollars have flowed from foreign subsidiaries to their U.S. parent companies. But much remains in flux, too.
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