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Most US multinational companies park their foreign earnings in jurisdictions with favourable tax policies in order to reduce their tax bill. For example, Ireland charges 12.5 % corporation tax while in the US it¡¯s 35 %. If a multinational wants to repatriate foreign cash back to the US they need to pay the tax difference. ÖйúÒ»¼¶Æ¬ Prof. Cong Wang explains this taxation problem and predicts how Trump¡¯s administration might help solve the problem. ?