House tax chairman wants to bump the tax on repatriated profits to 14% from 12% - ConsultFX

House tax chairman wants to bump the tax on repatriated profits to 14% from 12%

That's not good news for stocks The tax on cash would go to 14% from 12% and the tax on illiquid assets to 7% from 5%. It's going to be an interesting final two hours of trading in stocks. Copyright 2015 Forexlive.com