"Taiwan’s addition 5% profit retention tax on any earnings not distributed by the end of the following year". I have often wished for a similar regulation here in the US. As long as such a tax exempts earnings
that are invested in R&D or actual capital purchases, it discourages the phenomenon of some companies behaving more like banks with some other business on the side.
Agree. It goes a long way to instill capital discipline in the company
"Taiwan’s addition 5% profit retention tax on any earnings not distributed by the end of the following year". I have often wished for a similar regulation here in the US. As long as such a tax exempts earnings
that are invested in R&D or actual capital purchases, it discourages the phenomenon of some companies behaving more like banks with some other business on the side.