Calculating the deemed-repatriation regime (transition tax)
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- Calculating the deemed-repatriation regime (transition tax)
The deemed-repatriation regime (transition tax) is simply 15.5% of e&p to the extent of cash and cash equivalents and 8% of any remaining e&p. Due to the deemed-paid foreign tax credit, the calculation is much more complex for a C corporation; however, Robert Misey's video explains how to calculate the tax.