NEW YORK: US companies have sent home over half a trillion dollars of cash they held overseas in 2018 to take advantage of tax changes, but data suggest the pace is slowing, potentially removing a key source of support for Wall Street.
Dollar repatriation in the July-September period fell to US$93bil, around half of second-quarter volumes and less than a third of the US$300bil or so sent home from January to March, US current account data shows.
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