Agency
U.S. Senate Permanent Subcommittee on Investigations
Findings that rest on exhibits naming this entity
- POL-1.2: The 2004 repatriation provision taxed repatriated foreign dividends at an effective rate of 5.25 percent, and corporations repatriated $312 billion under it.
- POL-1.7: CRS reports that studies generally find the repatriated funds went to shareholders through stock repurchases. Dharmapala, Foley and Forbes estimate $0.91 of repurchases per $1 repatriated in their working paper.
- POL-1.8: A Democratic majority-staff report of the Senate Permanent Subcommittee on Investigations found that the top 15 repatriating corporations cut a net 20,931 U.S. jobs from 2004 to 2007 and raised stock buybacks 16 percent from 2004 to 2005 and 38 percent from 2005 to 2006.
- POL-6.18: A February 2019 staff report of the Senate Permanent Subcommittee on Investigations, chaired by Senator Portman (R) with Senator Carper (D) as ranking member, found that 33 of 48 schools required to report Hanban gifts above $250,000 did not, and that $36,089,456 of $51,526,181 that should have been reported for 2012 to 2018 was missing from Education Department data.
Exhibits naming this entity
- Exhibit 674 11 October 2011. U.S. Senate Permanent Subcommittee on Investigations (majority staff): Repatriating Offshore Funds: 2004 Tax Windfall for Select Multinationals
- Exhibit 848 February 2019. U.S. Senate Permanent Subcommittee on Investigations (Chairman Portman, Ranking Member Carper): China's Impact on the U.S. Education System, staff report of the Permanent Subcommittee on Investigations