As everyone connected to the Internet or paper media knows, the US is close to passing a massive tax reform package that offers some of the most substantial changes since the 1930s. In order to prevent tax avoidance, one part of this taxes companies moving money to overseas affiliates; financial services companies would see an 11% tax. Intra-company repo is currently included in the definition.
This content requires a Finadium subscription. Articles with an unlocked symbol can be accessed with free registration. Log in or create a free account by signing up here..