What Is Repatriation?
Repatriation refers to converting any foreign currency into one’s local currency. Repatriation sometimes becomes necessary due to business transactions, foreign investments, or international travel.
Repatriation in a larger context refers to anything or anyone that returns to its country of origin, which can include foreign nationals, refugees, or deportees.
Understanding Repatriation
In the corporate world, repatriation usually refers to the conversion of offshore capital back to the currency of the country in which a corporation is based.
In the global economy, many corporations based in the United States generate earnings abroad. However, today many companies choose not to repatriate their offshore earnings in order to avoid corporate taxes charged on repatriated funds.
Individuals might also repatriate funds. For example, Americans returning from a visit to Japan typically repatriate their currency, converting any remaining yen into U.S. dollars. The number of dollars they receive when they exchange their remaining yen will depend on the exchange rate between the two currencies at the time of the repatriation.
Some U.S. corporations repatriate funds from overseas translating the cash back to U.S. dollars. Those funds are typically used for share buybacks, dividends, investing in new technologies, and fixed assets like property, plant, and equipment.
http://thesoundingline.com/clink/u-s-companies-repatriated-cash-hits-1-trillion-under-tax-law/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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