Repatriation: Difference between revisions
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Repatriation means the return of profits, cash, or other valuable assets to the jurisdiction of origin or control. | Repatriation means the return of profits, cash, or other valuable assets to the jurisdiction of origin or control. | ||
Latest revision as of 10:46, 6 February 2019
Tax
Repatriation means the return of profits, cash, or other valuable assets to the jurisdiction of origin or control.
For example, repatriated profits are generally ones which have been transferred to the country of the beneficial owner of the business.
Repatriated profits may be subject to additional tax when they are repatriated, subject to any relevant tax relief.