Instead, the current top corporate tax rate of 35 % will be lowered in order to encourage multinational corporations to repatriate overseas earnings back to the U.S. (lawyerist.com)
Trump's plan also proposes cutting the top corporate tax rate to 20 percent from 35 percent and cutting the top individual tax rate to 35 percent from 39.6 percent. (cnbc.com)
He would also lower the top corporate tax rate to 20 percent and charge an 8.75 percent repatriation tax on assets held overseas. (inc.com)