Pity the tax bills of America’s multinationals
During the next few weeks we’ll be hearing from some of the world’s largest companies about big, one-time write-downs against their financial results. Many are expected to warn that their profits will be hurt by the huge bills they have to pay to the IRS. It’s part of the new tax law. But those write-downs are but small setbacks on the way to big windfalls.
Click the audio player above to hear the full story.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
