Despite the current U.S. administration’s hopes, foreign corporations thinking about launching or expanding operations in America are neither speeding up nor slowing down their plans because of the Tax Cuts and Jobs Act (TCJA), signed into law late in 2017.
Just as many U.S. multinationals are still trying to unravel the ins and outs of the complex tax reform package, foreign companies are doing the same. As a result, they’re taking a wait-and-see attitude.