Updated: Will Biden’s Offshore Tax Plan Mean Bad News for U.S. Companies That Outsource?

 

U.S. President Joe Biden and Vice President Kamala Harris are now in charge. What will this mean for American companies that outsource offshore?

https://blog.go-va.com.au/offshore-tax-plan/

Will Biden’s Offshore Tax Plan Mean Bad News for U.S. Companies That Outsource?

 

For businesses that are outsourcing offshore to grow beyond the COVID-19 pandemic, U.S. President-elect Joe Biden’s proposed new tax on profits from outsourcing won’t necessarily spell hard times. Opportunities to scale are still plenty, and the benefits of outsourcing are likely to outweigh the effects of this new tax plan.

Discover More