Repatriated: Difference between revisions
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imported>Doug Williamson (Create the page. Source: The Treasurer, October 2016, p13.) |
imported>Doug Williamson (Expand. Source: The Treasurer, p17.) |
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The term 'repatriated' refers to the return of profits or other valuable assets to the jurisdiction of origin or control. | The term 'repatriated' refers to 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. | For example, repatriated profits are generally ones which have been transferred to the country of the beneficial owner of the business. | ||
Revision as of 16:21, 10 October 2016
The term 'repatriated' refers to 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.
