For example, the subsidiary of a US firm that operates in Ireland pays the Irish corporate tax of 12.5% on the profits earned in that country. If it repatriates the after-tax profits, it pays a 22.5% tax (the difference between the 35% US rate and the 12.5% tax that it already paid to the Irish government).
比如，在爱尔兰经营的美国企业分支，需要在爱尔兰支付等于利润的12.5%的公司税。如果它将这笔税后的利润汇回美国，就要支付22.5%的税（美国税率35%与已经支付给爱尔兰政府的12.5%的差额）。但如果它将这笔利润用于在爱尔兰（或任何其他国家）的再投资，将不必进一步缴纳任何税收。