December 13, 2016

President-elect Donald Trump has proposed a 1 time tax of just 10% on the estimated $2.5 trillion of profits held in overseas subsidiaries of US multinational firms instead of the top marginal 35% tax rate that may be deterring movement of the funds back to America today.  A similar tax holiday was utilized in 2005 when a 5.25% one time tax incentive (down from a top marginal corporate tax rate of 35%) motivated American businesses to repatriate $360 billion back to the USA (source:  IRS) 

Nova Wealth Management located in the Naples / Bonita Springs

  • Financial Advisor

  • CFP

  • Financial Planning

  • Retirement Planning

  • Tax Planning












Share on Facebook
Share on Twitter
Please reload

© 2017 Nova Wealth Management, Inc. is a Registered Investment Advisor.  All Rights Reserved. Designed by Reframed