Estimated by the FOF section as a fraction of the capital transfer paid by financial corporate business sector to the federal government for the one-time repatriation tax incurred by the Tax Cut and Jobs Act of 2017 on domestic financial sector foreign earnings accumulated after 1986 ( FOF series FU795410003). The fraction is calculated as the levels of USDIA of holding companies ( FOF series FL733092003) divided by total domestic financial sector USDIA ( FOF series FL793092005). Unadjusted transactions are calculated as transactions at a seasonally adjusted annual rate divided by 4. Series has no levels.
Last edited on: 09/22/2022