Event Details
January 01, 2004
Description
Passing of the HIA (Homeland Investment Act)
Participants (2)
| Name | Type | Mentions | |
|---|---|---|---|
| Japanese Corporate Sector | person | 0 | View Entity |
| US Government | organization | 327 | View Entity |
Source Documents (1)
HOUSE_OVERSIGHT_023076.jpg
This document is a page from a Bank of America Merrill Lynch equity strategy report dated January 29, 2017. It analyzes the impact of the 2004 Homeland Investment Act (HIA), specifically detailing how 15 major corporations (including Pfizer, Merck, and HP) repatriated billions in offshore funds but subsequently reduced US workforces and R&D spending while increasing share buybacks. The document includes data tables sourced from the IRS and a US Senate Permanent Subcommittee on Investigations survey, stamped with the file ID HOUSE_OVERSIGHT_023076.
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