1. How technology companies can benefit from the U.S.’ move to a hybrid territorial tax system

    How technology companies can benefit from the U.S.’ move to a hybrid territorial tax system

    Under the prior taxation system, U.S. companies were taxed on their worldwide income. Any double taxation was mitigated through a complex tax-credit system. U.S. companies are taxed only on their U.S. income under the new taxation system, with some important exceptions. 

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