By Dwight Cass
Despite taxes, there are times when it makes sense to bring it home.
The Obama administration decided against offering a new Homeland Investment Act as part of its stimulus package earlier this year. But companies with large amounts of cash overseas should consider whether it makes sense to bring it home anyway. Yes, they’ll pay full freight in terms of tax, rather than the token 5.25 percent they enjoyed for a year under the original HIA in 2005. But depending on their circumstances and timeframe, it may still be more economical to repatriate it.