Latest Accounting Research: More Corporate Cash Flows into the U.S. than Out

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Based on the research of Texas McCombs Accounting Professor Lillian Mills: Despite popular belief, all U.S. firms haven’t been sending most of their earnings abroad to dodge taxes, finds a study using IRS data. In recent years, one of the major exports of U.S. businesses has been cash. Several reports, such as one by*Bloomberg News, […]

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