Over €10 billion in cash outflows to US this year after tax rate overhaul
The return of cash from US entities registered in Ireland has accelerated in recent months and follows an astonishing €50 billion outflow recorded in 2018
The outflow of cash from American multinationals has resumed with more than €10 billion being repatriated since the start of the year.
The return of cash from US entities registered in Ireland has accelerated in recent months and follows an astonishing €50 billion outflow recorded in 2018.
Figures published by the US Treasury Department last week show companies or entities based in Ireland held $269.7 billion of short-term American debt, or treasury bills, ...
