The 2017 Tax Act has motivated companies to bring money home from other countries at low tax rates and to buy back stock.

Question

Quizplus · Accepted Answer

The 2017 Tax Act implemented a lower tax rate for repatriating profits from other countries, which has incentivized many companies to bring money back to the U.S. Additionally, the tax savings from the legislation has also provided companies with more available funds to use for share buybacks.

The 2017 Tax Act Has Motivated Companies to Bring Money