How Tax Break for Overseas Profits Went Awry (June 09)

Researchers were able to calculate that $300 billion in overseas profit was repatriated by American companies in 2005, when they had to pay a tax rate of just 5.25 percent, rather than the normal corporate tax rate of 35 percent. The amount was five times the normal amount of repatriations.

See original here: http://dealbook.blogs.nytimes.com/2009/06/05/how-tax-break-for-overseas-profits-went-awry/