Repatriating funds consists of the transfer of the funds within the parent company from a division legally registered in one country to one registered in another. Any significant funds are likely to be invested in securities of some sort, and repatriating the funds wouldnu2019t necessarily move the money, but only change the ownership.The tax rules changed in 2023 under the Tax Cuts and Jobs Act enacted last December. Previously US Corporations could defer payment of taxes on income generated by their foreign subsidiaries. According to the Tax Foundation, the new lawEnacts deemed repatriation of currently deferred foreign profits, at a rate of 15.5 percent for cash and cash-equivalent profits and 8 percent for reinvested foreign earnings.There are many special cases and additional conditions. For additional details, see https://tax.thomsonreuters.com/m...