[jimminy]

The assets have already been taxed by the foreign governments. And largely generated through operations abroad. The US has a tenuous claim to those assets, only because the corporations primary offices are in the US.

If they wanted to bring $100B back, they would pay up to $35B (the use repatriation fee - minus the foreign taxes). So they really only managed to bring back ~$65B, that was created largely overseas, just for moving an asset across international borders. That is a sensible thing, to just toss away the valuation of Uber, to bring money into the US?

Legally fine, but it is not sensible.