许多美国企业在海外和国内的现金保有水平严重不平衡在一定程度上反映出,企业正在向新的(也许也是更加有利可图的)海外市场进行扩张。企业可以选择在海外积累大量现金,从而在全球扩张,支付购买新设备和海外并购的花费。
Yet the percentage of cash that companies hold overseas often exceeds the percentage of revenue they generate outside the U.S. Enter the U.S. tax system, which is structured so that companies can cut their tax bill by shifting income offshore to lower-tax countries. The system also discourages companies from bringing home profits earned overseas because of the tax cost.
不过,企业在海外持有的现金比例常常超过了他们在海外创造的营收的比例。根据美国的税收体系,企业可以通过把收入转移到税率更低的国家来减少所需缴纳的税款。但是由于税收带来的成本,美国的税收体系也导致企业不愿把海外赚取的利润转到国内。
Emerson has expanded globally and says that 59% of its revenue now comes from outside the U.S. Its sales and earnings fell late last year but have recovered. While virtually all of its cash is overseas, the bulk of its expenses are at home and use all the cash it generates in the U.S.
艾默生一直在全球进行扩张,该公司表示,目前该公司59%的营收来自海外。去年年末,该公司的销售和利润曾出现下降,但是目前已经恢复。尽管几乎所有的现金都在海外,其大部分花费都在国内进行,并且使用了在美国创造的所有现金。
【海外现金难解美企国内之渴】相关文章:
★ 强盗新郎
★ 患难见真情
最新
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15