As soon as you personally take advantage of the money on that account, it's trea...

joshfraser · on Sept 10, 2017

That's why so many corporations keep their money offshore and figure out creative ways to spend it without repatriating it.

lxm · on Sept 10, 2017

Only works with the foreign revenue, US-based revenues will be taxed regardless of where they end up eventually.

Europeans kinda shot themselves in the foot by not having a similar rule, and looks like they're wising up to that.